CAPITAL FORMATION
A word used to characterized net capital development during the time of accounting. Capital formation talks about the additional net of main stock such as intermediate goods, buildings and equipment. A nation utilize capital stock mixed with labour to produce goods and give services; an improvement in this capital stock is called as capital formation.
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Tit for Tat
Game theory mechanism subject to a payoff matrix similar to a prisoner’s dilemma. Anchored on the concepts of retaliation and altruism, this ...
Nonsegregated Disclosures
Information that must be presented legally anywhere in a lease agreement. These are required by the Federal Reserve Board Regulation M. The lease a ...
Product Line
A series of related products which are all made or manufactured by the same company.
Behavioral Economics
The scientific study on how the mind thinks and how each person reacts as it relates to the process of decision making in economics of individuals ...
Infant-Industry Theory
A theory stating the emerging domestic industries must be protected against foreign competition until they become established and mature. In econom ...
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How Do You Intend to Live?
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