2014年MBA全国联考英语之MBA专业术语(25)

　　V

　　value of the marginal product 边际产量价值

　　The marginal product of an input times the price of the output

　　Variable costs 可变成本

　　Cost that do vary with the quantity of output produced

　　Velocity of money 货币流通速度

　　The rate at which money changes hands

　　Vertical equity 纵向公平

　　The idea that taxpayers with a greater ability to pay taxes should pay larger amounts

　　variable inputs 可变投入

　　inputs that rise or fall with the quantity of output

　　velocity 流通速度

　　the speed with which money circulates in the economy, defined as the ratio of income to the money supply

　　vertical merger 纵向兼并

　　a merger between two firms, one of which is a supplier or distributor for the other

　　voluntary unemployment 自愿失业

　　a situation in which workers voluntarily drop out of the labor force when the wage level falls

　　voting paradox 投票悖论

　　the fact that under some circumstances there may be no determinate outcome with majority voting: choice A wins a majority over B, B wins over C, and C wins over A