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EUROPEAN CENTRAL BANK: The central bank for the European Union and Economic and Monetary Union this is charged with monitoring monetary policy and introducing euros into circulation (beginning in 2002). The European Central Bank has a comparable, but perhaps somewhat less powerful, role as the Federal Reserve Board of Governors in the United States. It is took over for the European Monetary Institute in 1998 and is the executive body of the European System of Central Banks.

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COMPARATIVE STATICS

The technique of comparing the equilibrium resulting from a change in a determinant, or shock to a model, with the equilibrium that existed prior to the change. Comparative statics is the primary analytical technique used in the study of economics.

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APLS

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Today, you are likely to spend a great deal of time searching for rummage sales trying to buy either a handcrafted bird feeder or a New York Yankees baseball cap. Be on the lookout for letters from the Internal Revenue Service.
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More money is spent on gardening than on any other hobby.
"The human race has only one really effective weapon and that is laughter."

-- Mark Twain

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American Assocation of Small Business
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