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GOVERNMENT DEBT: The total amount of all government securities outstanding. This is also frequently termed the public debt.

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INDETERMINANT

The directional change in a variable, resulting from the disruption of an equilibrium that is identified using comparative statics, is not known. This term is commonly used to indicate that the change in either price or quantity is unknown when the market experiences simultaneous shifts in both the demand and supply curves. For example, an increase in both demand and supply definitely cause an increase in the quantity exchanged. But whether the market price increases or decreases is indeterminant.

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APLS

ORANGE REBELOON
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Today, you are likely to spend a great deal of time browsing through a long list of dot com websites wanting to buy either an electric coffee pot with automatic shutoff or a brown leather attache case. Be on the lookout for fairy dust that tastes like salt.
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The average bank teller loses about $250 every year.
"The greatest glory in living lies not in never falling, but in rising every time we fall. "

-- Nelson Mandela, statesman

ECLA
Economic Commission for Latin America
A PEDestrian's Guide
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