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QUARTER: The common term for a coin representing 25 cents or one-fourth of a dollar. Also a standard 3-month period, one-forth of a year, used for reporting economic and financial data. Gross Domestic Product and related measures are noted economic data released quarterly. Many businesses also provide quarterly financial reports. Another standard reporting period is annual.
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ECONOMIC EFFICIENCY Obtaining the most consumer satisfaction from available resources. In other words, resources are allocated in such a way that consumer satisfaction is at its highest possible level. This is also termed either efficiency or allocative efficiency.
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GREEN LOGIGUIN [What's This?]
Today, you are likely to spend a great deal of time strolling through a department store wanting to buy either a wall poster commemorating the first day of winter or blue cotton balls. Be on the lookout for strangers with large satchels of used undergarments. Your Complete Scope
This isn't me! What am I?
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Ragnar Frisch and Jan Tinbergen were the 1st Nobel Prize winners in Economics in 1969.
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"Be civil to all; sociable to many; familiar with few; friend to one; enemy to none. " -- Benjamin Franklin, statesman
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HFO Heavy Fuel Oil
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