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May 29, 2016 

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The Federal Reserve Open Market Committee meets on?

Saturday and/or Sunday.
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PLANNING HORIZON: Another term for the long-run average cost curve. The long-run average cost curve is termed the planning horizon because it provides information a firm can use to plan factory construction and expansion in the long run.

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SAVING SCHEDULE

A table or chart that represents the relation between saving by the household sector and income. A saving schedule is commonly used for a basic, instructional presentation of aggregate saving activity by the household sector and is also used as a source of numbers for deriving the saving line. The key measures derived from the saving-income relation in the schedule are average propensity to save and marginal propensity to save. The consumption schedule is comparable, and more important, table for the relation between consumption and income.

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APLS

State of the ECONOMY

Productivity
3rd Quarter 2015
Up 2.2% from 2nd Quarter 2015
Source: BLS

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PINK FADFLY
[What's This?]

Today, you are likely to spend a great deal of time looking for the new strip mall out on the highway seeking to buy either a coffee cup commemorating the moon landing or a how-to book on surfing the Internet. Be on the lookout for cardboard boxes.
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This isn't me! What am I?

It's estimated that the U.S. economy has about $20 million of counterfeit currency in circulation, less than 0.001 perecent of the total legal currency.
"Never let the fear of striking out get in your way. "

-- Babe Ruth

BHC
Bank Holding Company
A PEDestrian's Guide
Xtra Credit
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