Constant prices


 

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Constant prices

See constant dollars.



Similar Matches

Constant growth model

Constant growth model

Also called the Gordon-Shapiro model, an application of the dividend discount model that assumes (1) a fixed growth rate for future dividends, and (2) a single discount rate.


Constant returns to scale

Constant returns to scale

A property of a production function such that scaling all inputs by any positive constant also scales output by the same constant. Such a function is also called homogeneous of degree one or linearly homogeneous. CRTS is a critical assumption of the H-O Model of international trade. Contrasts with increasing returns and decreasing returns.


Constant ratio plan

Constant ratio plan

Maintaining a predetermined ratio between stock and fixed income investments through regular adjustments of distribution of funds into different investments. See: formula investing.


Constant elasticity of substitution function

Constant elasticity of substitution function

See CES function


Constant dollars

Constant dollars

Dollars of constant purchasing power. That is, corrected for inflation. More precisely includes reference to a base year for comparison, e.g. "in constant 1992 dollars." Same as constant prices.


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Constant dollar plan
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