What are synonyms economics?

The study of resource allocation, distribution and consumption. finance. business. commerce. dismal science.

What are the 3 main sectors of the economy?

The three-sector model in economics divides economies into three sectors of activity: extraction of raw materials (primary), manufacturing (secondary), and service industries which exist to facilitate the transport, distribution and sale of goods produced in the secondary sector (tertiary).

What do economists mean when they use the word land text to speech?

What do economists mean when they use the word “land”? Natural resources used to produce goods and services. … The tools, machines, and buildings used in the production of other goods and services.

What do you mean by disequilibrium in balance of payment?

A disequilibrium in the balance of payment means its condition of Surplus Or deficit. • A Surplus in the BOP occurs when Total Receipts exceeds Total Payments.

What does abundance mean as a synonym?

Some common synonyms of abundant are ample, copious, and plentiful. While all these words mean “more than sufficient without being excessive,” abundant suggests an even greater or richer supply than does plentiful. streams abundant with fish.

What does surplus mean in a job?

Definition: job surplus. Job surplus is the difference between the sum of the inside values. minus the sum of the outside values, i.e. the sum of the net values of each party: S(b,x) = V W.

What does surplus mean in business?

A surplus describes the amount of an asset or resource that exceeds the portion that’s actively utilized. A surplus can refer to a host of different items, including income, profits, capital, and goods.

What does the relative abundance of an isotope determine?

The relative abundance of an isotope is the percentage of atoms with a specific atomic mass found in a naturally occurring sample of an element.

What does the term equilibrium means?

1 : a state of balance between opposing forces or actions. 2 : the normal balanced state of the body that is maintained by the inner ear and that keeps a person or animal from falling. equilibrium. noun.

What is a good sentence for surplus?

The Society was able to invest surplus cash in land. Any surplus of revenue beyond that necessary to provide 4% interest and I% sinking fund was to be handed over to the government. The bowl incorporates a drip and ash tray for all surplus waste.

What is a sentence for fertile?

(1) People get less fertile as they get older. (2) Herbs need fertile soil and a sunny sheltered position. (3) Plants grow well in fertile soil. (4) We have the most fertile soil in Europe.

What is a surplus employee?

Surplus Employee is an employee who has been given notice of termination/layoff by the Company or an employee who may be displaced or who is displaced from his/her position.

What is a surplus income?

As the name suggests, surplus income is any remaining income you have after all of your outgoings have been paid. If you regularly have income left over which is surplus to your own needs and has no bearing on your standard of living, you might want to consider using this money to provide a regular financial gift.

What is a surplus position?

(C) For the purpose of this paragraph, “surplus position” means a position which is identified in pre-reduction-in-force planning as no longer required, and which is expected to be eliminated under formal reduction-in-force procedures.

What is a surplus status?

Surplus status is declared when a department has more employees in a classification than it has vacancies. Employees will be notified by their department that they are surplus status.

What is a synonym for desalination?

the removal of salt (especially from sea water) synonyms: desalinisation, desalinization.

What is a synonym for do not value?

Unvalued, un-val′ūd, adj. not valued; not yet having the value set: invaluable.

What is a synonym for optimist?

nounperson who holds fancies in mind, who believes in perfection. Platonist. dreamer. enthusiast. escapist.