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noun, Economics.
(def 10).


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  • Economic rationalism

    noun 1. (Austral & NZ) an economic policy based on the efficiency of market forces, characterized by minimal government intervention, tax cuts, privatization, and deregulation of labour markets

  • Economic-rent

    noun 1. the return on a productive resource, as land or labor, that is greater than the amount necessary to keep the resource producing or on a product in excess of what would have been the return except for some unique factor. noun 1. (economics) a payment to a factor of production (land, labour, or […]

  • Economics

    [ek-uh-nom-iks, ee-kuh-] /ˌɛk əˈnɒm ɪks, ˌi kə-/ noun 1. (used with a singular verb) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. 2. (used with a plural verb) financial considerations; significant aspects: What are the economics of such a project? /ˌiːkəˈnɒmɪks; ˌɛkə-/ noun […]

  • Economic sanctions

    plural noun 1. any actions taken by one nation or group of nations to harm the economy of another nation or group, often to force a political change

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