Economics Terms Lexicon - Authoritative Dictionary and Knowledge Tests

About Economics Terms Lexicon

Welcome to EconomicsTermsLexicon.com! Our site offers a comprehensive and authoritative dictionary of economic terms, providing detailed definitions and explanations. Each dictionary entry references books, official publications, and government websites to ensure accuracy and reliability.

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đź“š Comprehensive Content: Our lexicon covers a wide range of economic terms and concepts, thoroughly explained to help users understand even the most complex topics.

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Moving Average
A class of data-smoothing techniques used in the analysis of economic and financial time series
Multi-plant Firm
Definition and meaning of a firm that operates two or more plants, either as branches or through subsidiary companies.
Multicollinearity
An examination of multicollinearity within multiple regression analysis, its impacts, and possible remedies.
Multilateral Trade
Trade involving multiple countries where trade does not need to be balanced bilaterally, facilitated by convertible currencies.
Multilateralism
The belief that international economic relations should be conducted on the basis of equal treatment for all non-nationals.
Multinational
A firm conducting business in more than one country through branches or subsidiary companies.
Multiple Equilibrium
The existence of more than one solution to the equations describing the equilibrium of an economic model.
Multiple Exchange Rates
A system in which a country’s currency has more than one exchange rate depending on various factors such as the holder of the currency or the purpose of use.
Multiple Regression
An overview of multiple regression, its definition, and its significance in economics.
Multiplier
An economics term relating an initial change in spending to the total change in economic activity which results.