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EQUIPMENT: One of the main categories of capital. Other categories are structures and inventories.

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INFLEXIBLE PRICES

The proposition that some prices adjust slowly in response to market shortages or surpluses. This condition is most important for macroeconomic activity in the short run and short-run aggregate market analysis. In particular, inflexible prices (also termed rigid prices or sticky prices) are a key reason underlying the positive slope of the short-run aggregate supply curve. Prices tend to be the most inflexible in resource markets, especially labor markets, and the least inflexible in financial markets, with product markets falling between the two.

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PINK FADFLY
[What's This?]

Today, you are likely to spend a great deal of time at a dollar discount store seeking to buy either handcrafted decorations to hang on your walls or throw pillows for your bed. Be on the lookout for slow moving vehicles with darkened windows.
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More money is spent on gardening than on any other hobby.
"Managing intellectual assets has become the single most important task of business. "

-- Thomas Stewart, author

ACCR
Annual Cost of Capital Recovery
A PEDestrian's Guide
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