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August 19, 2026 

AmosWEB means Economics with a Touch of Whimsy!

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REAL PRODUCTION: The market value of all production measured in constant prices, after adjusting for inflation. Real production is typically measured with real GDP.

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GRAY SKITTERY
Your compete MICRO*scope for today

You are the type of person who envies others who are decisive, who can take action, who know exactly what to do. Family and friends often add sleeping pills, muscle relaxants, and other similar medications to your food and drink in hopeless attempt to reduce your activity level somewhere near normal. Today, you are likely to spend a great deal of time browsing about a thrift store wanting to buy either a set of luggage with wheels or a birthday gift for your aunt. Be on the lookout for door-to-door salesmen. You should consider shopping at stores or businesses beginning with the letter P, but do not buy any products with a serial number or product code containing the number 751147. Your preferred shopping venue is mail order catalogs. Your special symbol is the question mark (?).


Is this You?

As a Gray Skittery, you are ambivalent, indecisive, and uncertain. You are in a constant struggle between the forces of demand and supply, production and consumption, good and evil... and you're losing the battle. You have trouble making decisions and choosing from among the seemingly infinite number of options that you perpetually face. Your shopping experiences are inevitably confusing.


This isn't me! What am I?
CYCLICAL UNEMPLOYMENT

Unemployment attributable to a general decline in macroeconomic activity, especially expenditures on gross domestic product, that occurs during a business-cycle contraction. When the economy dips into a contraction, or recession, aggregate demand declines, so less output is produced and fewer workers and other resources are employed. Hence unemployment of the cyclical variety increases. Cyclical unemployment is one of four unemployment sources. The other three are seasonal unemployment, frictional unemployment, and structural unemployment.

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Taming Our Beastly FEDERAL DEFICIT

It's almost impossible to take a leisurely stroll around the economy without crashing headlong into the federal deficit. It doesn't take a microscope to see it bulging from the windows and doors of the Sylvester J. Peabody Federal Office Building as we pass by. It's a monstrous beast that seems to be growing by the minute. But is the federal deficit really as ghoulish and gruesome as drawn by political cartoonists? Should we make a detour of our pedestrian trek to avoid the beast? Considering it's size, is avoidance even possible. To answer these question, let's consider the pluses and minuses of our federal deficit.
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APLS

A half gallon milk jug holds about $50 in pennies.
"In a restless, creative business with an emphasis on experiment and development, ideas are the lifeblood."

-- Richard Branson, Virgin Group founder

UTP
Unfair Trade Practice
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