consumer welfare
11consumer price index — an index of the changes in the cost of goods and services to a typical consumer, based on the costs of the same goods and services at a base period. Abbr.: CPI Also called cost of living index. [1945 50] * * * ▪ economics Introduction… …
12welfare economics — a branch of economics concerned with improving human welfare and social conditions chiefly through the optimum distribution of wealth, the relief or reduction of unemployment, etc. * * * Branch of economics established in the 20th century that… …
13Welfare and poverty in Yemen — According to the United Nations, Yemen ranks 151st out of 177 countries on the human development index (HDI), a measure of life expectancy, education, and standard of living. [http://lcweb2.loc.gov/frd/cs/profiles/Yemen.pdf Yemen country profile] …
14consumer's surplus — In economics, the difference between the total amount consumers would be willing to pay to consume the quantity of goods transacted on the market and the amount they actually have to pay for those goods. The former is generally interpreted as the …
15Ministry of Consumer Affairs, Food and Public Distribution (India) — The Ministry of Consumer Affairs, Food and Public Distribution is a government ministry of India. The Ministry is headed by a minister of Cabinet rank. The current minister is Sharad Pawar. The ministry is divided into two departments, the… …
16Minister for Family and Consumer Affairs of Denmark — (Danish: Minister for Familie og Forbrugeranliggender) was a political office in the Danish government created in August 2004 and worked primarily for families and with consumption related topics. The main purpose of the ministry was to protect… …
17social welfare — ‘Social welfare’ is sometimes a synonym for welfare state, but here it is taken to refer to ideas about what the objectives of a welfare state are and by what mechanisms and processes they might best be achieved. The principle of less… …
18SOCIAL SECURITY AND WELFARE — SOCIAL POLICY In the first three decades of statehood through the end of the 1970s Israel acquired the basic features of a modern welfare state. This meant that Israel succeeded in developing a broad network of social services that included… …
19Center for Consumer Freedom — Founder(s) Richard Berman Type 501(c)(3) Founded 1995 Location Washington, D.C …
20Fundamental theorems of welfare economics — There are two fundamental theorems of welfare economics. The first states that any competitive equilibrium or Walrasian equilibrium leads to an efficient allocation of resources. The second states the converse, that any efficient allocation can… …
