Search results
Results From The WOW.Com Content Network
A decision to shut down means that the firm is temporarily suspending production. [ 23] It does not mean that the firm is going out of business ( exiting the industry). [ 24] If market conditions improve, due to prices increasing or production costs falling, the firm can resume production. Shutting down is a short-run decision. [ 25]
e. In the United States, government shutdowns occur when funding legislation required to finance the federal government is not enacted before the next fiscal year begins. In a shutdown, the federal government curtails agency activities and services, ceases non-essential operations, furloughs non-essential workers, and retains only essential ...
v. t. e. In economics, specifically general equilibrium theory, a perfect market, also known as an atomistic market, is defined by several idealizing conditions, collectively called perfect competition, or atomistic competition. In theoretical models where conditions of perfect competition hold, it has been demonstrated that a market will reach ...
(Reuters) - U.S. government services would be disrupted and hundreds of thousands of federal workers furloughed without pay if Congress fails to provide funding for the fiscal year starting Oct. 1.
The most expensive government shutdown in history cost about $3 billion. The odds are increasing daily that the price tag of a possible sequel this fall could run even higher.
Fears are swirling that Congress could be headed for its first government shutdown in years. Lawmakers have until Saturday to strike a deal to prevent a lapse in government funding — and there ...
Continuing resolution. v. t. e. From October 1 to October 17, 2013, the United States federal government entered a shutdown and curtailed most routine operations because neither legislation appropriating funds for fiscal year 2014 nor a continuing resolution for the interim authorization of appropriations for fiscal year 2014 was enacted in time.
t. e. As a result of conflicts between Democratic President Bill Clinton and the Republican Congress over funding for education, the environment, and public health in the 1996 federal budget, the United States federal government shut down from November 14 through November 19, 1995, and from December 16, 1995, to January 6, 1996, for 5 and 21 ...