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EXCHANGE RATE MECHANISM: The system used to link the euro to the currencies of European Union member nations that do not immediately participate in the use of the euro. Linkages with these non-participating European Union member nations is voluntary, but designed to ease their transition into full-blown use of the euro.
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RATIONAL ABSTENTION The decision NOT to do something (such as vote in an election) because the cost of taking the action is more than the expected benefit. The rational decision to refrain from an endeavor is a straightforward application of utility maximization and along with the related notion of rational ignorance, is a source of voter apathy and government inefficiency.
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Three-forths of the gold mined each year is used to manufacture jewelry.
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"Trust yourself. You know more than you think you do. " -- Benjamin Spock, doctor
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EGARCH
Exponential Generalized Autoregressive Conditional Heteroskedasticity
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