Independent Risks - Definition and Meaning
Understanding the concept of independent risks in economics, where the outcomes of individual projects do not influence each other.
Indicator
A variable used to determine the employment of policy instruments in economics.
Indirect Tax
A Tax collected by an intermediary from the economic agent who bears the formal incidence of the tax.
Interquartile Range
A measure of statistical dispersion of a variable, representing the range between the first and third quartiles.
Intertemporal Budget Constraint
A comprehensive overview of the intertemporal budget constraint in economics, encompassing its definitions, concepts, analytical frameworks, and empirical applications.
Intrapreneur
A manager who transforms from an employee to the owner of a firm, facilitated by the parent company.
If and Only If (IFF)
Explanation of the logical equivalence between two statements denoted as 'If and Only If' (IFF)
Illiquidity
The property of an asset that is not easily converted into cash without a significant price discount.
Immigration - Definition and Meaning
An overview of immigration as it pertains to movement of foreign nationals for the purpose of residency