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budget curve

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  • Budget constraint — A Budget constraint represents the combinations of goods and services that a consumer can purchase given current prices and his income. Consumer theory uses the concepts of a budget constraint and a preference map to analyze consumer choices.… …   Wikipedia

  • Indifference curve — In microeconomic theory, an indifference curve is a graph showing different bundles of goods, each measured as to quantity, between which a consumer is indifferent. That is, at each point on the curve, the consumer has no preference for one… …   Wikipedia

  • Laffer curve — In economics, the Laffer curve is used to illustrate the idea that increases in the rate of taxation may sometimes decrease tax revenue. Since a 100 percent income tax will generate no revenue (as citizens will have no incentive to work), the… …   Wikipedia

  • Demand curve — An example of a demand curve shifting In economics, the demand curve is the graph depicting the relationship between the price of a certain commodity, and the amount of it that consumers are willing and able to purchase at that given price. It is …   Wikipedia

  • United States federal budget — The Budget of the United States Government is a federal document that the President submits to the U.S. Congress. The President s budget submission outlines funding recommendations for the next fiscal year, which begins on October 1st.… …   Wikipedia

  • government budget — Forecast of governmental expenditures and revenues for the ensuing fiscal year. In modern industrial economies, the budget is the key instrument for the execution of government economic policies. Because government budgets may promote or retard… …   Universalium

  • Muscle curve — Muscle Mus cle (m[u^]s l), n. [F., fr. L. musculus a muscle, a little mouse, dim. of mus a mouse. See {Mouse}, and cf. sense 3 (below).] 1. (Anat.) (a) An organ which, by its contraction, produces motion. See Illust. of Muscles of the Human Body …   The Collaborative International Dictionary of English

  • The Learning Curve — Infobox Film name = The Learning Curve image size = caption = Theatrical release poster director = Eric Schwab producer = Oscar Delgado writer = Eric Schwab narrator = starring = Carmine Giovinazzo Norbert Weisser Monet Mazur Tim Ransom Rod… …   Wikipedia

  • The Learning Curve (film) — Infobox Film name = The Learning Curve image size = caption = Theatrical release poster director = Eric Schwab producer = Oscar Delgado writer = Eric Schwab narrator = starring = Carmine Giovinazzo Norbert Weisser Monet Mazur Tim Ransom Rod… …   Wikipedia

  • Non-convexity (economics) — In economics, non convexity refers to violations of the convexity assumptions of elementary economics. Basic economics textbooks concentrate on consumers with convex preferences (that do not prefer extremes to in between values) and convex budget …   Wikipedia

  • Consumer choice — Economics …   Wikipedia

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