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Kanban
- A
card which acts as a signal to move or provide resources in a
factory.
Keynesian
- A
Keynesians Economist holds the view, derived from the
work of John Maynard Keynes, that active use of monetary and
fiscal policy can be effective in stabilizing the economy.
Often the term encompasses economists who advocate active
policy intervention in general.
Keynesian
growth models -
Growth models by which the long-run path for growth in an
economy is determined by the relationship between savings,
investment and the level of production or output.
Keynesian
macroeconomics -
Keynesian theory is used to illustrate how a free market
economy can reach equilibrium while still experiencing large scale unemployment and how
the government should use expansionist fiscal spending to
achieve a
new equilibrium at the full-employment level of output.
Keynesian short-run aggregate supply curve
- A horizontal aggregate supply curve indicating that when
national income is below potential, changes in national
income can occur with little or no accompanying changes in
pnces.
Kinked demand curve
- A model of pricing in an oligopolistic market structure
where rivals follow one firm's decision to make a price
decease but not a price increase. The demand curve is thus
bent or kinked and the associated marginal revenue curve has
a discontinuous part in it.
Kiting –
1. In relation to banking, means the depositing and drawing
cheques at two or more banks simultaneously and
thus taking advantage of the difference in time it takes the second bank to
have collected the monies from the original bank. Or 2. Can
also mean illegally raising the face value of a cheque by
altering the amount written on the cheque. In the context of
securities, Kiting is to the manipulate and/or inflate the stock price.
Knowledge management (KM) -
The process
associated with connecting people to people and people to information to
create a competitive advantage.
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