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The price of this security is the state price of this particular state of the world. The state price vector is the vector of state prices for all states. [1] See Financial economics § State prices. An Arrow security is an instrument with a fixed payout of one unit in a specified state and no payout in other states. [2]
The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession. [1]
The DOT code [1] is an alphanumeric character sequence molded into the sidewall of the tire and allows the identification of the tire and its age. The code is mandated by the U.S. Department of Transportation [2] but is used worldwide. [3]
The economist Alex Tabarrok has argued, that the success of this promotion lies in the fact that consumers value the first unit significantly more than the second one. So compared to a seemingly equivalent "Half price off" promotion, they may only buy one item at half price, because the value they attach to the second unit is lower than even the discounted price.
Since the price elasticity of demand is negative for the vast majority of goods and services (unlike most other elasticities, which take both positive and negative values depending on the good), economists often leave off the word "negative" or the minus sign and refer to the price elasticity of demand as a positive value (i.e., in absolute ...
50 48 Male 52 50 48 Religion Protestant: 46 44 55 White Protestant 41 42 57 Catholic: 25 54 44 Jewish: 5 64 34 Family income; Less than US$10,000 13 58 40 $10,000–$14,999 15 55 43 $15,000–$24,999 29 48 50 $25,000–$50,000 24 36 62 Over $50,000 5 — — Occupation Professional or manager: 39 41 57 Clerical, sales, white-collar: 11 46 53 ...