Blossary – sophisticated terms of economic theory

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These are complex terms used in in-depth economic thesis. This glossary will help you at a meaningful level in learning economic theory.

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Created by: zzcgood

Number of Blossarys: 7

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consumption nondurable goods

Personal consumption expenditures on tangible goods that tend to last for less than a year. Common examples are food, clothing, and gasoline. This is one of three categories of personal consumption ...

near money

Assets that are highly liquid, and can be easily exchanged for money, but can not be used directly to purchase goods. The best examples are savings accounts, certificates of deposit, and similar bank ...