Definition: True cost economics is an economic model that includes the cost of negative externalities associated with goods and services. Description: If the prices of goods and services do not ...
Housing starts measure new construction of privately owned housing units and are considered an important leading indicator on the economy. Housing starts are a monthly measure of the construction ...
Definition: A comprehensive measure used for estimation of price changes in a basket of goods and services representative of consumption expenditure in an economy is called consumer price index.