What is Economic Efficiency?
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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.
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Random Words:
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A lighthearted term for the void between a female's legs with the all important Harry Potter reference.
Remember to protect your w..
1.
Slang term for being intoxicated.
He just bonged 9 beers; that fucker is hooched up.
See drunk, wasted, smashed, hammered, faded..
