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August 22, 2014 

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U.S. TREASURY BILL: One kind of government security issued by the U. S. Treasury to obtain the funds used to finance the federal budget deficit. A Treasury bill (or T-bill) has a maturity length of one year or less, with 90 days a common maturity. T-bills, together with short-term commercial paper issued by businesses, are traded in money markets. The interest rate on T-bills is one of the key indicators of short-run economic activity.

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INJECTION: A non-consumption expenditure on gross domestic product, including investment expenditures, government purchases, and exports. Injections are combined with leakages in the injection-leakage model used to identify equilibrium aggregate output in Keynesian economics. The notion of injection is best viewed through the circular flow, in which investment expenditures, government purchases, and exports are "injected" into the main flow between output, factor payments, national income, and consumption.

     See also | injection-leakage model | leakage | investment expenditures | government purchases | export | injection line | leakage line | Keynesian equilibrium | aggregate output |


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INJECTION, AmosWEB GLOSS*arama, http://www.AmosWEB.com, AmosWEB LLC, 2000-2014. [Accessed: August 22, 2014].


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ECONOMIC EFFICIENCY

Obtaining the most consumer satisfaction from available resources. In other words, resources are allocated in such a way that consumer satisfaction is at its highest possible level. This is also termed either efficiency or allocative efficiency.

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State of the ECONOMY

Producer Price Index for Finished Goods
July 2014
215.2
UP 5.9% from July 2013 Soure: BLS.gov

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Today, you are likely to spend a great deal of time searching for a specialty store wanting to buy either throw pillows for your living room sofa or a hepa filter for your furnace. Be on the lookout for rusty deck screws.
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