0 the system of trade and industry by which the wealth of a country is made and used -- 经济;经济制度
1 the intentional saving of money or, less commonly, the saving of time, energy, words, etc. -- 节省;节约;节俭
The lowering of interest rates will give a much-needed boost to the economy.
Ten years of incompetent government had brought about the virtual collapse of the country's economy.
The government plans to cut taxes in order to stimulate the economy.
Any decrease in tourism could have a serious effect on the local economy.
Further increases in imports could destabilize the economy.
We calibrate r to match the observed growth rate of consumption in these village economies.
Figure 2 shows the path of per-capita consumption over a 50-year period for two economies: = 177 and 245.
In addition, we investigate the properties of asset returns and the equity premium in our incomplete-markets economies.
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