Examlex
A forecasting technique for determining future staff needs by using ratios between sales volume and the number of employees needed is
Flexible Exchange Market
Refers to a foreign exchange market where exchange rates are allowed to move due to market forces without intervention by country governments.
Equilibrium Quantity
The amount of goods supplied that is equal to the amount of goods demanded in a market, reached at the intersection of the supply and demand curves.
Demand Curve
A graph showing the relationship between the price of a good and the amount of the good that consumers are willing and able to purchase at that price.
Exchange Rate
The price of one currency expressed in terms of another currency.
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