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FDI: The abbreviation for Foreign Direct Investment, this is the acquisition of controlling interest in foreign firms and businesses from one country in another country. FDI can also take the form of constructing factories, structures and equipment (or any form of physical capital) in foreign soil. FDI does not include foreign investment into the stock markets (portfolio investment). Most economists consider foreign direct investment more useful than portfolio investment since this last one is generally regarded as temporal and can leave the foreign country at the first sign of trouble. FDI on the other hand, is considered more durable and with larger economic (potential) benefits.
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Lesson 12: Business Cycles | Unit 5: Policies
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Page: 23 of 26
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Stabilization policies try to avoid or correct the problems caused by business cycle instability.- The two most popular are fiscal policy and monetary policy.
- Do nothing 'nonpolicies' might be best in some cases, but are seldom used because people often demand immediate solutions to problems.
- Business cycle instability is indicated by the red line rising above and falling below the long-run trend line.
- The flatter, smoother line is the goal of stabilization policy, to limit business cycle instability.
- Stabilization policies can be either expansionary or contractionary.
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NOT IN THE LABOR FORCE Anyone who is not classified by the Bureau of Labor Statistics (BLS) as members of the labor force, either employed persons or unemployed persons. This catch-all category is largely comprised of several notable segments of the population, such as young, elderly, homemakers, and military. However, it includes others who are either unwilling or unable to engage in productive activities for assorted reasons. The "not in the labor force" numbers are computed monthly by the BLS along with other employment and labor force information using data generated by the Current Population Survey.
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ORANGE REBELOON
[What's This?]
Today, you are likely to spend a great deal of time waiting for visits from door-to-door solicitors seeking to buy either a birthday gift for your grandfather or a pleather CD case. Be on the lookout for poorly written technical manuals.
Your Complete Scope
This isn't me! What am I?
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One of the largest markets for gold in the United States is the manufacturing of class rings.
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"The past is a foreign country; they do things differently there." -- Leslie Poles Hartley, Writer
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LCH
Life Cycle Hypothesis
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