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Y-AXIS: In a graph, this is one of two lines that intersect at a right angle. This is the "vertical axis" that runs up and down.

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FULL EMPLOYMENT, PRODUCTION POSSIBILITIES

Full employment is the condition that exists when all available resources are engaged in the production of goods and services. In other words, all resources that could be used for production are being used. This is indicated in production possibilities analysis by producing a combination of goods that places the economy on the production possibilities curve.

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BROWN PRAGMATOX
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Today, you are likely to spend a great deal of time at a flea market trying to buy either a half-dozen helium filled balloons or a packet of address labels large enough for addresses of both the sender and the recipient. Be on the lookout for pencil sharpeners with an attitude.
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Mark Twain said "I wonder how much it would take to buy soap buble if there was only one in the world."
"Learning is not compulsory, but neither is survival. "

-- W. Edwards Deming, management consultant

ABE
Association of Business Executives
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