Tag: production

What is 'Wage Push Inflation' Wage push inflation is a general increase in the cost of goods that is preceded by and...

DefinitionWorking capital is a financial metric which represents operating liquidity available to a business, organisation or other entity, including governmental entities. Along with working...

DefinitionThe Gas Exporting Countries Forum is an intergovernmental organization of 16 member states that 11 of the world's leading natural gas producers made up...

DefinitionA Gantt chart is a type of bar chart that illustrates a project schedule, named after their inventor, Henry Gantt, who designed such a...

What is the gas guzzler tax and how does it work The gas guzzler tax is a fee levied on vehicles that have poor fuel...

What is 'General Public Distribution' A type of primary market offering in which the securities being issued are available to anyone who...

What is the Genuine Progress Indicator (GPI)? The Genuine Progress Indicator (GPI) is a metric that was developed in the 1990s as an alternative to...

What is 'Geographical Labor Mobility' Geographical labor mobility refers to the level of freedom that workers have to relocate in order to...

DefinitionIn economics, a commodity is an economic good or service that has full or substantial fungibility: that is, the market treats instances of the...

Supply is an important economic term that denotes the amount of available goods and services in a country. The term is closely related to...