March 17, 2018 

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JUDICIAL POLICY: Government policy based on enforcement of laws and regulations through the courts, especially the Supreme Court.

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MUTUAL SAVINGS BANK: A non-profit depository institution, primarily operating in the eastern part of the United States, that was established to provide low-cost mortgage loans to members using member savings. However, they have expanded their activities and now provide most of the services of traditional banks, including checkable deposits.

     See also | bank | financial intermediary | savings and loan association | credit union |

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MUTUAL SAVINGS BANK, AmosWEB GLOSS*arama,, AmosWEB LLC, 2000-2018. [Accessed: March 17, 2018].

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The positive slope of the consumption line is also termed the marginal propensity to consume (MPC). This slope is greater than zero but less than one, reflecting induced consumption and the Keynesian psychological law of consumer behavior that consumption increases by less than the increase in income. The slope of the consumption line provides the foundation for the slope of the aggregate expenditures line and thus also affects the magnitude of the multiplier process.

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Today, you are likely to spend a great deal of time waiting for visits from door-to-door solicitors seeking to buy either arch supports for your shoes or an AC adapter that works with your MPG player. Be on the lookout for poorly written technical manuals.
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Ragnar Frisch and Jan Tinbergen were the 1st Nobel Prize winners in Economics in 1969.
"If football taught me anything about business, it is that you win the game one play at a time."

-- Fran Tarkenton, Football Player

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