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GINI INDEX: One of the most common measures of income or wealth distributions. It indicates how equal, or unequal, income, wealth, or similar stuff is distributed among the population. If you happen to come across a Gini index, you'll see that it falls in the range of 0 to 1. A value of 0 tells you that the distribution is perfectly equal, that is, everyone has exactly the same amount of income, wealth, or whatever. A value of 1, however, tells you that the distribution is what we could call perfectly unequal, that is, one person has everything and everyone else has nothing.
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CONSUMER DEMAND THEORY The branch of economics devoted to the study of consumer behavior, especially as it applies to decisions related to purchasing goods and services through markets. Consumer demand theory is largely centered on the study and analysis of the utility generated from the satisfaction of wants and needs. The key principle of consumer demand theory is the law of diminishing marginal utility, which offers an explanation for the law of demand and the negative slope of the demand curve.
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YELLOW CHIPPEROON
[What's This?]
Today, you are likely to spend a great deal of time searching for a specialty store trying to buy either an instructional DVD on learning to the play the oboe or a small, foam rubber football. Be on the lookout for florescent light bulbs that hum folk songs from the sixties.
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Paper money used by the Commonwealth of Massachusetts prior to the U.S. Revolutionary War, which was issued against the dictates of Britain, was designed by patriot and silversmith, Paul Revere.
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"Leadership is based on inspiration, not domination; on cooperation, not intimidation. " -- William A. Ward
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FHLBB
Federal Home Loan Bank Board
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