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FEDERAL SURPLUS: The difference between federal government spending and taxes when taxes are greater than spending.

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ALLOCATIVE 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 economic efficiency.

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APLS

RED AGGRESSERINE
[What's This?]

Today, you are likely to spend a great deal of time going from convenience store to convenience store trying to buy either a handcrafted bird house or a weathervane with a chicken on top. Be on the lookout for telephone calls from long-lost relatives.
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This isn't me! What am I?

The word "fiscal" is derived from a Latin word meaning "moneybag."
"Trust yourself. You know more than you think you do. "

-- Benjamin Spock, doctor

NE
Nash Equilibrium
A PEDestrian's Guide
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