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EQUIPMENT: One of the main categories of capital. Other categories are structures and inventories.
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INDUCED SAVING Household saving that depends on income or production (especially disposable income, national income, or even gross domestic product). That is, changes in income induce changes in saving. Induced saving reflects the fundamental psychological law put forth by John Maynard Keynes. It is measured by the marginal propensity to save (MPS) and is reflected by the positive slope of saving line. The alternative to induced saving is autonomous saving, which does not depend on income.
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BLUE PLACIDOLA [What's This?]
Today, you are likely to spend a great deal of time searching for a specialty store looking to buy either shoe laces for your snow boots or a rim for your spare tire. Be on the lookout for spoiled cheese hiding under your bed hatching conspiracies against humanity. Your Complete Scope
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The word "fiscal" is derived from a Latin word meaning "moneybag."
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"We may affirm absolutely that nothing great in the world has been accomplished without passion." -- Hegel
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APC Average Propensity to Consume
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