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APC: The abbreviation for average propensity to consume, which is the proportion of income, usually measured as disposable income or national income, used for household consumption expenditures. It is found by dividing consumption by income. The average propensity to consume, abbreviated APC, most often pops up in discussions of Keynesian economics. The average propensity to consume is the average amount of total household income that is devoted consumption expenditures.
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OCCUPATIONAL MOBILITY The mobility, or movement, of factors of production from one type of productive activity to another type of productive activity. In particular, occupational mobility is the ease with which resources can change occupations. This is one of two types of mobility. The other is geographic mobility.
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A scripophilist is one who collects rare stock and bond certificates, usually from extinct companies.
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"If you worried about falling off the bike, you'd never get on. " -- Lance Armstrong, bicycle racer
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BVAR
Bayesian VAR (Vector Autoregression)
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