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October 24, 2021 

AmosWEB means Economics with a Touch of Whimsy!

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EMPLOYMENT-POPULATION RATIO: The ratio of employed persons to the total civilian noninstitutionalized population 16 years old or older. Also termed the employment rate, the employment-population ratio is used as an alternative indicator of the utilization of labor resources.

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WHITE GULLIBON
Your compete MICRO*scope for today

You are the type of person who tends to be a bit naive to the ways of the economic world. Family and friends actually thought you died years ago. Today, you are likely to spend a great deal of time at a going out of business sale looking to buy either a green fountain pen or a handcrafted bird house. Be on the lookout for telephone calls from former employers. You should consider shopping at stores or businesses beginning with the letter E, but do not buy any products with a serial number or product code containing the number 710355. Your preferred shopping venue is television shopping channels. Your special symbol is the minus sign (-).


Is this You?

As a White Gullibon, you are extremely trusting but somewhat impressionable, seeing only the good in other people. You tend to be a bit naive in the wily ways of the marketplace and thus are often exploited by others, especially the Reg Aggressorine. Like it or not, you are the poster child for the phrase "let the buyer beware." You are empathetic to the plight of others, often to your own detriment.


This isn't me! What am I?
CONGRESSIONAL BUDGET OFFICE

A nonpartisan governmental support agency that provides Congress with analyses needed for economic and budget decisions and with the information and estimates required for the Congressional budget process. The Congressional Budget Office was created by the Congressional Budget and Impoundment Control Act of 1974. It began operating on February 24, 1975. The Congressional Budget Office is composed primarily of economists and public policy analysts. About 70 percent of its professional staff hold advanced degrees in either economics or public policy.

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Getting Your Share Of FARM SUBSIDIES

Our pedestrian excursion through the economy has helped me work up a ferocious appetite. I vote for a quick stop at the Mr. Market Super Food Discount Store where we can purchase a loaf of bread, assorted meats, and some cheese -- all for a luncheon tribute to the Earl of Sandwich. While a self-made tribute to the Earl is less expensive than any purchased from Manny Mustard's House of Sandwich, the ingredients from Mr. Market Super Food Discount Store still carry a hefty price tag. If you're hungry and have limited cash on hand, you might wonder whether food prices are higher than they need to be.
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APLS

The average length of a "business lunch" is about 36 minutes.
"Do not let what you cannot do interfere with what you can do. "

-- John Wooden, basketball coach

SWIFT
Society for Worldwide Interbank Financial Telecommunications
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