Physical goods have an objective value that is unrelated to time and the person of ownership. 65. A nation with cheap, efficient communications is likely to be * a. richer, ceteris paribus , because transaction costs will be lower and trade greater. b. richer only if production of goods is cheaper, too, since trade itself cannot create value. c.
nailed up - Computer Definition. 1  In communications, it refers to a permanent connection rather than one that is dynamically created and released. 2  In communications, it refers to a permanent connection rather than one that is dynamically created and released.
Definition of redact. 1  transitive verb. 2  1 : to put in writing : frame. 3  2 : to select or adapt (as by obscuring or removing sensitive information) for publication or release; broadly : edit. 4  3 : to obscure or remove (text) from a document prior to publication or release.