What is 'X-Efficiency' X-efficiency is the degree of efficiency maintained by individuals and firms under conditions of imperfect competition. According to the...
DefinitionCAN SLIM refers to the acronym developed by the American stock research and education company Investor's Business Daily. IBD claims CANSLIM represents the seven...
What is 'Radner Equilibrium' A theory suggesting that if economic decision makers have unlimited computational capacity for choice among strategies, then even...
DefinitionTailgating is when a driver drives behind another vehicle while not leaving sufficient distance to stop without causing a collision if the vehicle in...
M2 is defined as a “measure of money supply that includes checking deposits (M1) cash as well as (what is colloquially referred to as) near money”. Near Money...