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MACROECONOMIC SECTORS: The four aggregate sectors of the macroeconomy--household, business, government, and foreign--that reflect four key macroeconomic functions and are responsible for four expenditures on gross domestic product. These four sectors are the primary "actors" on the macroeconomic stage. Macroeconomic theories then explain macroeconomic phenomena by exploring the interaction among these four sectors.

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MACROECONOMICS

The branch of economics that studies the entire economy, especially such topics as aggregate production, unemployment, inflation, and business cycles. It can be thought of as the study of the economic forest, as compared to microeconomics, which is study of the economic trees.

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GRAY SKITTERY
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Today, you are likely to spend a great deal of time at a flea market trying to buy either clothing for your pet iguana or a set of hubcaps. Be on the lookout for deranged pelicans.
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A half gallon milk jug holds about $50 in pennies.
"I do the best I know how, the very best I can, and I mean to keep doing so until the end. "

-- Abraham Lincoln, 16th US president

AIBD
Association of International Bond Dealers (now called International Securities Market Association)
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