Definition and detailed explanation of long-run marginal cost in economics.
A curve depicting the long-term relationship between inflation and unemployment.
Comprehensive support measures and services required for prolonged personal and health care.
The rate of interest paid on government securities with a period to maturity of ten years or above.
The economics term 'long-term unemployment' explicates a period of unemployment lasting more than one year and its associated economic implications and policy considerations.
A graph representing income or wealth distribution in a population
The result of a business operation where expenditures exceed receipts, leading to a reduction in a business's capital.
An agreement reached in February 1987 between the G6 industrial countries concerning exchange rates stabilization.
The argument that government policies should consider how decision rules of private agents change with policy changes.
The belief that the number of jobs in an economy is fixed, and the economic analysis disproving this belief.
A comprehensive overview of lump-sum tax, its implications in economics, and related concepts.
A term in economics referring to the quality of being indivisible or not able to be broken down into smaller units.
