SUPPLY SHOCK
Unexpected shift which changes the supply of a product or commodity in the market, hence it leads to sudden change in its price. Supply shock can be positive or negative, but these are nearly always negative and unusually positive. Granted that the total demand is unchanged, the decreased supply will cause the price of a product or commodity to move upward; conversely, the increased supply will push down its prices.
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Robert C. Merton
American economist who won the 1997 Nobel Memorial prize in Economic Sciences, along with Myron Scholes, for developing the Black-Sholes model, whi ...
Buy Stops Above
Recommendation to purchase a given security once a security’s price surpasses a particular resistance level by putting a buy stop order at th ...
Admitted Company
An insurance company admitted and allowed by an another state to transact insurance business despite having a domiciled status on an another state. ...
Black Box Model
Computer program, process, or system processing the information entered by the user using pre-programmed logic in order to produce the user’s ...
Form 3903
A form issued by the IRS and used by taxpayers to deduct moving expenses related to taking a new job.
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How Much Does a Home Remodeling Cost?
If your house can handle a renovation, the next thing you need to find out is the cost of a home remodeling.
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