Situation in which the quantity of a good or service supplied is more than the quantity demanded.
Monetary benefit that accrues to parties to an economic transaction.
Synonyms
Examples for "total welfare "
Examples for "total welfare "
1 A 119 billion pound limit on total welfare spending also has a political edge.
2 Chancellor George Osborne has said a new cap on total welfare spending will be introduced from next year.
3 Millions of public sector workers will lose automatic annual pay increases and there will be a cap on total welfare spending.
4 He also announced a cap on total welfare spending and axed winter fuel payments for expatriate pensioners in hot countries from 2015.
5 This will be supplemented by an additional £47 million from the European Social Fund, bringing the total welfare - to - work package to £416 million.
1 Such a one might base his conclusions on Germany's total surplus of annual productivity as distinct from her export surplus.
2 Overall, the total surplus at June 2014 was € 194 million, which is similar to June 2013.
3 The total surplus from federal, state and local governments and its social security system was 18 billion euros in 2014.
4 ISMA put the total surplus at about 2.5 million tonnes and said the incentive should apply to another 1.0-1.5 million tonnes.
5 In 2010, China ran a $181 billion bilateral surplus with the United States, and a total surplus of $183 billion.
1 Village life, with its limited area and still more limited resources, has little economic surplus upon which parasitism can feed.
Grammar, pronunciation and more
Translations for economic surplus