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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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AUTONOMOUS EXPORTS Exports to the foreign sector that do not depend on domestic income or production (especially national income or gross domestic product). Exports depend on foreign income or production, but not on domestic income or production. While other expenditures have both autonomous and induced components, exports are exclusively autonomous. Autonomous exports are a key part of the autonomous part of net exports. Induced net exports are due to induced imports.
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A scripophilist is one who collects rare stock and bond certificates, usually from extinct companies.
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"Anyone who has never made a mistake has never tried anything new. " -- Albert Einstein, physicist
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ICCH International Commodities Clearing House
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