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The Grossman - Stiglitz Paradox (feat. The Plain Bagel)

29,858 views

Intro:

Video Vocabulary

/CHānj/

verb

To exchange one kind of money for another.

/rəˈflekt/

verb

To think of something seriously and carefully.

/ˈfôrməlē/

adverb

In your best clothes, e.g. for a prom.

/ˈoutˌlo͝ok/

noun

person's attitude to life.

/əˈfiSHənt/

adjective

achieving maximum productivity with minimum wasted effort or expense.

/əˈvāləb(ə)l/

adjective

Able to be used at a scheduled time.

/ˌekəˈnämik/

adjective

Concerning trade, industry, and money.

/CHānj/

noun other verb

act or process bringing change. Acts of making or becoming something else. To exchange one set of clothes for another.

/dəˈfīnd/

adjective verb

having definite outline or specification. To set or mark the limits of something.

/ˈrēˌsôrs/

noun other verb

stock or supply of money, materials, staff, and other assets. Essential supplies of some things. provide with resources.

/bēˈkəz/

conjunction

for reason that.

/ˈkəmp(ə)nē/

noun verb

Guests, especially in your home. associate with.

/kənˈdiSH(ə)n/

noun other verb

state of something. Things necessary in order for some things to occur. To cause to behave automatically in a certain way.

/ˌinfərˈmāSH(ə)n/

noun

Collection of facts and details about something.

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