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.
Slang.
Usually a despription of attractive or not, White/Caucasin female(s).
" Damn look at that group of fine ass SNOW BUNNIES ..
1.
A sexual act in which the female participant (generally a small woman) perches on the erect member of the supine male participant and sp..
1.
A term commonly used to describe the passage of liquid faeces, i.e diarrhoea. Nequick used as a comparative context due to similarities ..