Economics terminology that differs from common usage
http://dbpedia.org/resource/Economics_terminology_that_differs_from_common_usage
In any technical subject, words commonly used in everyday life acquire very specific technical meanings, and confusion can arise when someone is uncertain of the intended meaning of a word. This article explains the differences in meaning between some technical terms used in economics and the corresponding terms in everyday usage.
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Economics terminology that differs from common usage
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27692923
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1085031614
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May 2020
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one is payment, another is excess payment - they wouldn’t be equivalent unless it’s an excess over zero
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In any technical subject, words commonly used in everyday life acquire very specific technical meanings, and confusion can arise when someone is uncertain of the intended meaning of a word. This article explains the differences in meaning between some technical terms used in economics and the corresponding terms in everyday usage.
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20015