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MACROECONOMY: The aggregate, or national economy that is the prime focus of the study of macroeconomics.
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SLOPE, SAVING LINE The positive slope of the saving line is also termed the marginal propensity to save (MPS). This slope is greater than zero but less than one, reflecting induced saving and the Keynesian psychological law of consumer behavior that saving increases by less than the increase in income. The slope of the saving line provides the foundation for the slope of the leakages line used in the injections-leakages model. It thus also affects the magnitude of the multiplier process.
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BEIGE MUNDORTLE
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Today, you are likely to spend a great deal of time driving to a factory outlet trying to buy either a weathervane with a cow on top or a box of multi-colored, plastic paper clips. Be on the lookout for door-to-door salesmen.
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The portrait on the quarter is a more accurate likeness of George Washington than that on the dollar bill.
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"God grants victory to perseverance. " -- Simon Bolivar, South American liberator
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SNP
Seminonparametric
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