In both recessions and expansions, brief reversals in economic activity may occur-a recession may include a short period of expansion followed by further decline; an expansion may include a short period of contraction followed by further growth.
The Committee applies its judgment based on the above definitions of recessions and expansions and has no fixed rule to determine whether a contraction is only a short interruption of an expansion, or an expansion is only a short interruption of a contraction.
Or are you looking for someone sufficiently different from yourself, that you both gain from the union ("economic trade theory")?
Instead, devote yourself to a more "exhaustive" search that includes a wider variety of income levels, she advises.
It will take more time to sift through that broader pool, but that is better than "artificially reducing the size of your search sample," she says.
You can look for someone who makes ,000 a year, or ,000, or 0,000. Well, in one study published in the Journal of Economic Behavior & Organization, which crunched data from a popular Chinese online-dating website, male profiles with the highest income levels got 10 times more visits than the lowest.
Another study, co-authored by famed behavioral economist Dan Ariely, uncovered similar online-dating preferences."Men and women prefer a high-income partners over low-income partners," the authors wrote in the journal Quantitative Marketing and Economics.
It examines and compares the behavior of various measures of broad activity: real GDP measured on the product and income sides, economy-wide employment, and real income.
The Committee also may consider indicators that do not cover the entire economy, such as real sales and the Federal Reserve's index of industrial production (IP).The Committee's use of these indicators in conjunction with the broad measures recognizes the issue of double-counting of sectors included in both those indicators and the broad measures.Still, a well-defined peak or trough in real sales or IP might help to determine the overall peak or trough dates, particularly if the economy-wide indicators are in conflict or do not have well-defined peaks or troughs.When it comes to love, money has nothing to do with it. The dating world is, in fact, its own market, with complex economic judgments taking place all the time. Marina Adshade, an economics professor at the University of British Columbia and author of the book , which examines the relationship between money and love."Dating markets don't have currency, so they depend on other mechanisms to operate, much like a barter system," Adshade said. After all, they don't call it a "meet market" for nothing.First off, we are essentially estimating our own value (which may or may not be accurate), Adshade notes.