What is Economic Efficiency?
1.
The ability of an economic system to provide what people what, given their incomes. Given the fact that incomes and resources are both finite, efficiency will be of the utmost importance in determining if people's wants are satisfied by the workings of the economic system.
Free market economies usually provide high levels of economic efficiency.
See
Random Words:
1.
possibly the best creation to come from england
it consists of;
a huge joint of meat usually; beef, lamb, pork or chicken.
roast pota..
1.
masturbation
Todd wouldn't pick up the phone, because he was in the bathroom soaking the corn.
See soak, corn, masturbation, punc..
