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POLICIES: Government actions designed to affect economic activity and pursue one or more economic goals. Also called government or economic policies. The four common types of policies are: fiscal, monetary, regulatory, and judicial.

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SLOPE, CONSUMPTION LINE

The positive slope of the consumption line is also termed the marginal propensity to consume (MPC). This slope is greater than zero but less than one, reflecting induced consumption and the Keynesian psychological law of consumer behavior that consumption increases by less than the increase in income. The slope of the consumption line provides the foundation for the slope of the aggregate expenditures line and thus also affects the magnitude of the multiplier process.

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APLS

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Today, you are likely to spend a great deal of time at a crowded estate auction wanting to buy either a video game player or an AC adapter that won't fry your computer. Be on the lookout for high interest rates.
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General Electric is the only stock from the original 1896 Dow Jones Industrial Average remaining in the current index.
"If you don't make mistakes, you aren't really trying."

-- Coleman Hawkings,musician

OECD
Organization for Economic Co-operation and Development
A PEDestrian's Guide
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