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RESERVES: The vault cash and deposits at the Federal Reserve System that banks use to complete day-to-day transactions.

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CURRENT SURPLUS OF GOVERNMENT ENTERPRISES

The excess of revenue over cost received by government-operated firms that sell their output through markets and otherwise operate like private, profit-oriented firms. This is one component of the official entry government subsidies less current surplus of government enterprises found in the National Income and Product Accounts maintained by the Bureau of Economic Analysis, that separates national income (the resource cost of production) and gross (and net) domestic product (the market value of production).

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APLS

BLACK DISMALAPOD
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Today, you are likely to spend a great deal of time searching for rummage sales looking to buy either a pleather CD case or a how-to book on fine dining. Be on the lookout for deranged pelicans.
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Francis Bacon (1561-1626), a champion of the scientific method, died when he caught a severe cold while attempting to preserve a chicken by filling it with snow.
"If you worried about falling off the bike, you'd never get on. "

-- Lance Armstrong, bicycle racer

JEL
Journal of Economic Literature
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