There are 146 entries in the GLOSS*arama starting with the letter I.

Entries 1 through 35:

• I
• IADB
• IBT
• IDB
• identification lag
• IEBNR
• IMF
• immigration
• impact lag
• imperfect competition
• implementation lag
• implicit collusion
• implicit cost
• implicit logrolling
• implicit opportunity cost
• implicit price deflator
• import
• import quota
• import substitution
• imports
• imports line
• in-kind payment
• incentive
• income
• income change, utility analysis
• income distribution
• income earned but not received
• income effect
• income elasticity of demand
• income received but not earned
• income statement
• income tax
• income, demand determinant
• income-expenditure model
• income-price model

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The ease with which an asset can be converted to money with little or no loss of value. Money, currency and checkable deposits, is the benchmark for liquidity. Money is what other assets are converted to. Different assets have differing degrees of liquidity. Financial assets have differing degrees of liquidity but tend to be more liquid that physical assets. Liquidity is important to components of the three monetary aggregates tracked and reported by the Federal Reserve System--M1, M2, and M3.

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In the discussion of recession we see that one of the problems confronting both pedestrians and the economy is stepping in an occasional pothole. These potholes are usually small and do little damage. Every now and then, however, our economy falls face first into one humdinger of pothole that's big enough to swallow the better part of a marching band. Rather than a mere recessionary pothole, these are best thought of as depressionary canyons. The Great Depression of the 1930s was the most memorable depressionary canyon on record for the good old U. S. of A. The question we need to ponder over the next few pages is: Are there any more depressionary canyons like the 1930s lurking along the economic pavement?
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Today, you are likely to spend a great deal of time browsing about a thrift store seeking to buy either a genuine fake plastic Tiffany lamp or a microwave over that won't burn your popcorn. Be on the lookout for small children selling products door-to-door.
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