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price

(Encyclopedia) price, amount of money for which a unit of goods or services is exchanged. Price is equivalent to market value and may or may not measure the intrinsic value of the goods or services…

Office of Price Administration

(Encyclopedia) Office of Price Administration (OPA), U.S. federal agency in World War II, established to prevent wartime inflation. The OPA issued (Apr., 1942) a general maximum-price regulation that…

Fama, Eugene Francis

(Encyclopedia) Fama, Eugene Francis, 1939–, 1939–, U.S. economist, b. Boston, Mass., grad. Univ. of Chicago (M.B.A. 1963, Ph.D. 1964). He has taught at the Univ. of Chicago's Graduate School of…

Price, Ray

country music artistBirthplace: Perryville, Tex.Born: 1/12/26

Price of Glory

Director:Carlos AvilaWriter:Phil BergerNew Line Cinema PG-13; 100 minutesRelease:4/00Cast:Jimmy Smits, Jon Seda, Clifton Collins, Jr., Maria Del Mar Jimmy Smits stars in Price of Glory, a…

Vincent Price

Vincent PriceactorBorn: 5/27/1911Birthplace: St. Louis, Missouri Film and stage actor who had a respectable screen career, including his most famous role in Laura (1944) before becoming king of…

Nick Price

Nick PriceBorn: Jan. 28, 1957Zimbabwean golfer PGA Tour Player of Year in 1993 and '94; became 1st since Nick Faldo in 1990 to win 2 Grand Slam titles in same year when he took British Open…

Look at These Prices!: The Price You Gotta Pay

The Price You Gotta PayLook at These Prices!IntroductionLet's Stretch: Elasticity of DemandWhat Determines Elasticity?Tinkering with MarketsThe Price You Gotta Pay This section extends the…

inflation

(Encyclopedia) inflation, in economics, persistent and relatively large increase in the general price level of goods and services. Its opposite is deflation, a process of generally declining prices.…

agricultural subsidies

(Encyclopedia) agricultural subsidies, financial assistance to farmers through government-sponsored price-support programs. Beginning in the 1930s most industrialized countries developed agricultural…