Incomes derived from selling the services of factors of production
Industries with minimal locational advantages and high mobility potential due to small cost differences.
1--- 2meta: 3 date: false 4 reading_time: false 5title: "F-distribution" 6date: 2023-10-05 7description: "A continuous probability distribution used primarily in analysis of variance (ANOVA) and regression analysis, also known as Snedecor’s F-distribution." 8tags: ["Economics", "Statistics", "Probability Distribution", "Analysis of Variance"] 9--- 10 11## Background 12 13The F-distribution, named after Sir Ronald Fisher and also known as Snedecor’s F-distribution, is a continuous probability distribution that arises frequently in the context of statistical hypothesis testing, particularly ANOVA (Analysis of Variance) and regression analysis.
1--- 2meta: 3 date: false 4 reading_time: false 5title: "Financial Innovation" 6date: 2023-10-10 7description: "Changes in financial institutions, financial instruments, or business practices in the financial sector." 8tags: ["financial innovation", "financial instruments", "business practices"] 9--- 10 11## Background 12 13Financial innovation refers to the development and application of new financial instruments, technologies, institutions, and processes. It represents a dynamic shift in how financial markets operate and interact with the broader economy.
1--- 2meta: 3 date: false 4 reading_time: false 5title: "Flag Carrier" 6date: 2023-10-05 7description: "A business considered essential for national security and prestige, often supported by governments irrespective of economic viability." 8tags: ["economics", "national security", "prestige"] 9--- 10 11## Background 12 13A flag carrier refers to a business, often a national airline, regarded by a state as symbolic of the nation's presence and reputation on the global stage. This concept transcends mere financial performance, incorporating national pride and strategic importance.
1--- 2meta: 3 date: false 4 reading_time: false 5title: "Flexible Wages" 6date: 2023-10-05 7description: "A thorough explanation of flexible wages and their role in balancing labour supply and demand." 8tags: ["Flexible Wages", "Labour Market", "Economics", "Wage Rigidity"] 9--- 10 11## Background 12 13Flexibility in wages refers to the adjustment of hourly, daily, or monthly pay rates according to the economic conditions to achieve equilibrium in the labour market. This concept implies that wages adapt quickly to changes, such as shifts in demand or supply for labour.
Markdown File for “Fully Funded Pension” Entry meta: date: false reading_time: false title: “Fully Funded Pension” date: 2023-10-05 description: “An in-depth explanation of fully funded pension plans and their economic implications.” tags: [“Pension”, “Retirement Savings”, “Economics”, “Finance”] Background A fully funded pension system refers to a type of retirement plan that is financed through accumulated savings rather than pay-as-you-go mechanisms. Upon retirement, individuals receive payments funded entirely from contributions and investment returns collected over their working years.
