Share
Explore BrainMass

Economics Definitions

Opportunity Cost,Inflation,Unemployment,The balance of payments,Managed floating exchange rates,The real after-tax yield on investment,Economies of scale,Economies of scope,Profit maximization,Consumer Surplus, Nash Equilibrium, Perfect competition, Monopoly,Prisoners Dilemma

Solution Summary

The solution defines various economic terms in a clear and concise way. The following terms have been defined in the solution:

Opportunity Cost,Inflation,Unemployment,The balance of payments,Managed floating exchange rates,The real after-tax yield on investment,Economies of scale,Economies of scope,Profit maximization,Consumer Surplus, Nash Equilibrium, Perfect competition, Monopoly,Prisoners Dilemma.

All the definitions are correct and up to date.

$2.19