# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Labour Hoarding
Retention of excess workers by a business during a downturn in expectation of future output recovery.
Lorenz Curve
A graphical representation of inequality in income distribution within a country or region.
Monetary System
The system by which an economy is provided with money, ensuring financial stability and economic growth.
Monetary Union
An overview of the economic term 'monetary union', including meaning, history, and key concepts.
Net Economic Welfare
A broader measure of economic welfare incorporating multiple aspects beyond income per head.
Occupational Pension
A comprehensive guide to understanding occupational pensions, their types, funding mechanisms, and historical significance.
Personal Equity Plan (PEP)
A UK system, established in 1986, allowing tax-free investments in shares and unit trusts.
Private Cost
The cost incurred by individuals or firms to provide goods or services, excluding external harms unless legally obligated.
Range - Definition and Meaning
An examination of 'range' as an economic term including its background, historical context, and major frameworks.
Real Terms
A comprehensive overview of the concept of 'real terms' in economic analysis, focusing on how it helps to remove or minimize the effects of nominal changes like price variations.
Rust Belt
The area of the US from Pittsburgh to St Louis characterized by declining heavy industries, high obsolescence, and population loss.