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A related concept is one part per ten thousand, 1 / 10,000 .The same unit is also (rarely) called a permyriad, literally meaning "for (every) myriad (ten thousand)". [4] [5] If used interchangeably with basis point, the permyriad is potentially confusing because an increase of one basis point to a 10 basis point value is generally understood to mean an increase to 11 basis points; not ...
Parts-per notation is often used describing dilute solutions in chemistry, for instance, the relative abundance of dissolved minerals or pollutants in water.The quantity "1 ppm" can be used for a mass fraction if a water-borne pollutant is present at one-millionth of a gram per gram of sample solution.
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In economics, unit of account is one of the functions of money. A unit of account [1] is a standard numerical monetary unit of measurement of the market value of goods, services, and other transactions. Also known as a "measure" or "standard" of relative worth and deferred payment, a unit of account is a necessary prerequisite for the ...
It can be argued that GDP per capita is an indicator of standard of living. [26] [27] As a result, GDP per capita as a standard of living is a continued usage because most people have a fairly accurate idea of what it is and know it is tough to come up with quantitative measures for such constructs as happiness, quality of life, and well-being ...
The word promille is the cognate in Dutch, German, Finnish and Swedish, and is sometimes seen as a loanword in English with the same meaning as per mille. [7] [4] The symbol is included in the General Punctuation block of Unicode at U+2030 ‰ PER MILLE SIGN. [5] There is also an Arabic-Indic per mille sign at U+0609 ؉ ARABIC-INDIC PER MILLE SIGN.
The deal netted him more than $6.7 million in severance and stock proceeds, according to securities filings. In a complex arrangement, Slattery gave up a portfolio of 14 immigration detention facilities and adult prisons across the country as part of a $62 million sale, while buying back one division for $3.75 million: Youth Services International.
Monetary economics is the branch of economics that studies the different theories of money: it provides a framework for analyzing money and considers its functions ( as medium of exchange, store of value, and unit of account), and it considers how money can gain acceptance purely because of its convenience as a public good. [1]