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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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MARKET EFFICIENCY The notion that a competitive market automatically achieves an efficient allocation of resources by equating demand price with supply price and quantity demanded with quantity supplied. Market efficiency relies on the self-correction process that eliminates shortages or surpluses. It also presumes that the market is competitive and is not subject to market failures.
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A half gallon milk jug holds about $50 in pennies.
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"Defeat is not the worst of failures. Not to have tried is the true failure." -- George E. Woodberry, Author
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AIBD
Association of International Bond Dealers (now called International Securities Market Association)
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