the proportion of cash or cash equivalents in a company's assets. The ability to have ready...
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Type: Glossary
the percentage of adults who can read and write effectively in one language.
Type: Glossary
the period of time in which all the inputs (fixed and variable) can be changed. The time it...
Type: Glossary
the cost of producing a good or service in the long run from variable inputs (long run costs...
Type: Glossary
a graph that shows how uneven the distribution of income is between households.
Type: Glossary
goods that are desirable; but not essential for everyday life.
Type: Glossary
the policy of the state as regards their goals for the economy; such as economic growth.
Grade 12
Type: Study Card
Macroeconomics is the study of the entire functioning of the economy.