A form of social security, whereby all citizens or qualified residents, receive a sum of money on a regular schedule unconditionally.

plural of middle income trap

(economics) The situation where a country that attains a certain income gets stuck at that level, being unable to compete with other more developed economies in the high-value-added market.

(economics) A more recent designation for gross national product, the total market value of all the goods and services produced by a nation.

(economics) an economic metric that measures the responsiveness of a quantity demanded for a good to a change in income, calculated as the percent change in demand over the percent change in income

(economics) A theory attempting to describe how agents spread consumption over their lifetimes, supposing that a person's consumption at a point in time is determined not just by their current income but also by their expected income in future years, which is seen as the driver of change.

Alternative form of middle income trap

(accounting) Income after deducting operating expenses but before deducting for income taxes, interest, and depreciation and amortization.

plural of negative income tax

plural of net operating income