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MARGINAL PROPENSITY TO INVEST: The proportion of each additional dollar of national income that is used for investment expenditures. Or alternatively, this is the change in investment expenditures due to a change in national income. Abbreviated MPI, the marginal propensity to invest is the slope of the investment line used in the analysis of Keynesian economics. As such, it also plays a role in the slope of the aggregate expenditure line and the multiplier effect.
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SECOND RULE OF SUBJECTIVITY The second of seven basic rules of the economy, stating that market prices are determined by subjective values and the preferences of buyers and resource owners. Contrary to popular opinion, prices and costs are not immutably facts of nature, but are ultimately based on what people are willing to pay or accept.
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BLUE PLACIDOLA
[What's This?]
Today, you are likely to spend a great deal of time strolling through a department store hoping to buy either a set of tires or a birthday gift for your grandfather. Be on the lookout for vindictive digital clocks with revenge on their minds.
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The word "fiscal" is derived from a Latin word meaning "moneybag."
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"When your values are clear to you, making decisions becomes easier. " -- Roy Disney, executive
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AASB
American Assocation of Small Business
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