# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Portable Pension
A detailed overview of a pension system that retains pension rights across different employers.
Price–Wage Spiral
An economic concept where rising wages lead to higher prices, and higher prices lead to further wage increases.
Procurement
Government purchase of goods and services, focusing on inefficiency, corruption, and protectionism.
Production Externality
An external effect of production that impacts others who are not directly involved in the production process.
Profit Maximization
The act of making as much profit as possible for a business, a key assumption in economic theory.
Profit-Sharing Arrangement
A formal agreement between parties on the distribution of profit from a business venture.
Profit-Taking
The concept of selling an asset to realize accrued capital gains, considering the implications and risks involved in the decision-making process.
Property Income
An overview of property income, including its types and significance in the realm of economics.
Property Market
The system by which land and buildings are bought and sold
Public Expenditure
An overview and in-depth analysis of public expenditure, its types, purposes, and implications in various economic theories.
Public Ownership
Ownership of enterprises by the government, or by a government-controlled body.
Public Sector - Definition and Meaning
An explanation of the public sector, including its scope and boundaries within the economy.