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MARGINAL REVENUE CURVE: A curve that graphically represents the relation between marginal revenue received by a firm for selling its output and the quantity of output sold. The marginal revenue curve is constructed to capture the relation between marginal revenue and the level of output, holding other variables constant.
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RECOVERY The early phase of a business-cycle expansion that occurs shortly after a contraction has ended. During a recovery, the unemployment rate remains relatively high, but is beginning to fall, and real gross domestic product begins to increase, usually rapidly. However, because the contraction remains fresh in the minds of many, it may not be immediately clear that the trough of the contraction has actually ended.
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The earliest known use of paper currency was about 1270 in China during the rule of Kubla Khan.
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"Gravitation can not be held responsible for people falling in love." -- Albert Einstein
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SPSS Statistical Product and Service Solutions, Statistical Package for the Social Sciences (software)
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