Tag: output

DefinitionKeynesian economics are the various macroeconomic theories about how in the short run – and especially during recessions – economic output is strongly influenced...

What is 'Yield Variance' Yield variance is the difference between actual output and standard output of a production or manufacturing process, based...

What is 'In The Tank' A slang term referring to very poor performance, as in that of a security, sector or market....

DefinitionA natural monopoly is a monopoly in an industry in which high infrastructural costs and other barriers to entry relative to the size of...

DefinitionAn oligopoly is a market form wherein a market or industry is dominated by a small number of large sellers. Oligopolies can result from...

DefinitionOil sands, also known as tar sands or crude bitumen, or more technically bituminous sands, are a type of unconventional petroleum deposit. Oil sands...

What is 'October Effect' The theory that stocks tend to decline during the month of October. The October effect is considered mainly...

What is 'Manufacturing Production' Manufacturing production is the creation and assembly of components and finished products for sale. Three common types of...

What is 'Man-Year' A method of describing the amount of work done by an individual throughout the entire year. The man-year takes...

DefinitionThe real bills doctrine asserts that money should be issued in exchange for short-term real bills of adequate value. The doctrine was developed by...