Glossary

Reset Glossary
rent

Subject: 

  • Economics

the reward or payment earned for the use of the natural resources (land)

Related Content

bank failure
Subject:
Economics

when a bank is unable to meet the cash demands of its customers.

cost-push inflation
Subject:
Economics

when prices increase due to a rise in the cost of production. These increased costs push up the...

inflation
Subject:
Economics

a continuous rise in the prices of a wide range of products over an extended period of time. It...

assets
Subject:
Economics

any useful or valuable things; people or human qualities including financial assets and physical...

price setters
Subject:
Economics

producers that can influence the total market supply or the price of the products.