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Old 08-05-2011, 11:14 PM   #439
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filtering (R2)<br />The downgrading of residential property, either by splitting it into smaller units affordable to lower income groups or by the movement of more prosperous residents to outer suburbs. Urban economists use this to explain the creation of inner city slums. Chicago is a major example of this process.
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industrial concentration (Ll) see concentration

Pareto optimum (D6)<br />An allocation of resources such that no one can be made better off without someone else being made worse off; the most famous notion of optimality in WELFARE ECONOMICS.
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<strong>MARIO</strong> – Missouri Advantage Repayment Incentive Option, a student loan forgiveness program for individuals working in Missouri' s life science companies. MARIO was created by a partnership between the MDHE, MOHELA, and the Missouri Department of Economic Development.

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