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WORKERS' COMPENSATION: A government-run insurance program that provides benefits to workers injured on the job. Funding for these benefits come from premiums paid by employers. The federal government mandates the program, but it's administered by each of the states. This creates a great deal of diversity, with some states having good benefits and high premiums (sort of pro labor), while others have lousy benefits and low premiums (pro business). In addition to differences among states, premiums also differ based on a business's historical record of accidents. Those companies with a higher number of industrial accidents pay more in premiums than those with fewer accidents.
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AmosWEB is an Internet-based resource of economics information offered by AmosWEB LLC. AmosWEB LLC was established April 1, 2000 to publish economics information and instructional resources through the World Wide Web. At AmosWEB, we take economics seriously, but with a touch of whimsy. We recognize the importance of economics to our lives, careers, and citizenship, but we try to have a little fun with it along the way. On the one had... serious. On the other hand... whimsical. A balance much like that of demand and supply. AmosWEB began its Internet existence under the name AmosWORLD. (You might see AmosWEB listed as AmosWORLD in some search engines. AmosWorld.com is currently maintained by a talented artist named Amos Kmiec.) We have been providing economics information through the World Wide Web since the earliest days of the World Wide Web, when memory was measured in kilobytes, disks were floppy, and PPP was the primary way to get online. Over the years, we've provided economics information to students, instructors, and web surfers on six continents (we're still working on Antarctic). We have consistently ranked in the top 10 percent of all websites on the Internet (according to Rank.com). Our most popular resource is the AmosWEB GLOSS*arama, an extensive glossary of economics terms and concepts. We also offer the increasingly popular AmosWEB Encyclonomic WEB*pedia, and encyclopedia of economics. We're also very proud of the AmosWEB eTutor, a subscription service used by all sorts of students seeking a little extra help with their course work and the AmosWEB Programmed Learning System (A*PLS), an integrated online learning system designed for traditional classes, hybrid courses, and online distance learning. The principle author and content developer of AmosWEB is Orley M. Amos, PhD, a Professor of Economics at Oklahoma State University with a couple of decades of instructional experience. Assistance has been provided over the years by Antonio Avalos, PhD, an Assistant Professor of Economics at California State University, Fresno. AmosWEB LLC is presently based in Stillwater, Oklahoma with a branch office in Wichita, Kansas. Written correspondence concerning can be directed to AmosWEB, 1411 North Grandview Court, Stillwater, Oklahoma, 74075-6903. Email correspondence can be sent to AmosWEB WebMaster. |
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AGGREGATE MARKET ANALYSIS An investigation of macroeconomic phenomena, including unemployment, inflation, business cycles, and stabilization policies, using the aggregate market interaction between aggregate demand, short-run aggregate supply, and long-run aggregate supply. Aggregate market analysis, also termed AS-AD analysis, has been the primary method of macroeconomic analysis since replacing Keynesian economics in the 1980s. Like most economic analysis, aggregate market analysis employs comparative statics, the technique of comparing the equilibrium after a shock with the equilibrium before a shock.
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Keeping The Lid On INFLATIONIt's Thursday! It's 2:30 in the afternoon! IT'S PRETZEL TIME!! We must make a brief stop at one of Shady Valley's most acclaimed business establishments -- Max Mulroney's Pretzel Haven. My favorite, of course, is pretzel-on-a-stick. An ample supply of barbecue sauce is standard fair. I'm taken aback! Max has raised his pretzel prices once again -- for the third Thursday in a row. What sort of chicanery is at work here? Is Max trying to gouge the pretzel lovers of Shady Valley? Max says, quite emphatically, NO! His pretzel producing cost has risen. It seems, he explains, to be a pervasive problem throughout Shady Valley. He's not alone in pumping up prices. A quick price checking, window shopping expedition through the Shady Valley Central Town Sprawling Hills Shopping Mall, Mega-Mart Discount Warehouse Super Center, Manny Mustard's House of Sandwiches, and even Dr. Nova Cain's dental office reveals truth to Max's claim. Prices all over Shady Valley are rising. I suspect that there's only one way to unravel the intricacies of this mystery, we're need to examine the topic of inflation.
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RED AGGRESSERINE
[What's This?]
Today, you are likely to spend a great deal of time going from convenience store to convenience store trying to buy either 500 feet of telephone cable or a package of 4 by 6 index cards, the ones with lines. Be on the lookout for vindictive digital clocks with revenge on their minds.
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This isn't me! What am I?
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Much of the $15 million used by the United States to finance the Louisiana Purchase from France was borrowed from European banks.
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"It is not because things are difficult that we do not dare; it is because we do not dare that they are difficult. " -- Seneca, statesman, dramatist, philosopher
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LOCH
London Options Clearing House
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