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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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DEMAND-DRIVEN BUSINESS CYCLES

Business-cycle instability caused by changes in one or more of the four aggregate demand expenditures on gross domestic production--consumption expenditures, investment expenditures, government purchases, and net exports. This is one of two basic types of business cycles--the other being supply-driven business cycles. Demand-driven business cycles tend to be the more common of the two types.

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BROWN PRAGMATOX
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Today, you are likely to spend a great deal of time at a going out of business sale seeking to buy either a set of tires or a birthday gift for your grandfather. Be on the lookout for slightly overweight pizza delivery guys.
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In the Middle Ages, pepper was used for bartering, and it was often more valuable and stable in value than gold.
"Progress begins with the belief that what is necessary is possible. "

-- Norman Cousins, editor, writer

TVC
Total Variable Cost
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