|
Consumer goods |
|
|
|
Home Site Map Add Term Search About Us Contributors |
Consumer goodsGoods not used in production but, bought for personal or household use such as food, clothing, and entertainment.Consumer goods Similar MatchesChange in consumer surplusChange in consumer surplusThe change in consumer surplus due to a change in market conditions, usually a price change. For a price change, it is measured by the area to the left of the demand curve between the two prices, indicating a gain if price falls and a loss if it rises. Consumer creditConsumer creditCredit a firm grants to consumers for the purchase of goods or services. Also called retail credit. National Foundation for Consumer CreditNational Foundation for Consumer CreditA nonprofit organization that seeks to help consumers who have taken on too much debt by helping them work out payment plans and supplying credit counseling. Consumer support estimateConsumer support estimateIntroduced by the OECD to quantify agricultural policies, this measures transfers to or from consumers that are implicit in these policies. Since industrialized-country agricultural producers are routinely supported by raising prices, CSE estimates are usually negative. See also PSE. Consumer Price IndexConsumer Price IndexThe CPI, as it is called, measures the prices of consumer goods and services and is a measure of the pace of US inflation. The US Department of Labor publishes the CPI every month. Further SuggestionsConsumer debentureconsumer durables Consumer Advisory Council (CAC) Consumer durables Consumer Credit Protection Act of 1968 Consumer price index Consumer surplus consumer price index Consumer finance company Consumer movement Consumer interest |
|
|
|