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DOUBLE COUNTING: The act of including the value of intermediate goods more than once in the value of gross domestic product. Because the value, or price, of final goods includes the cost, or value, of all intermediate goods used, including market transactions for intermediate separately in the measurement of gross domestic product would lead to double counting.
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CONFERENCE BOARD, THE: A private, non-profit, global organization established in 1916 that collects and distributes economic data to assist consumers, business leaders, and government policy makers in their economic decisions. The Conference Board is responsible for compiling the leading, coincident, and lagging economic indicators that are used to track business-cycle activity as well as the widely publicized Consumer Confidence Index. The Conference Board also convenes numerous conferences each year that provide forums to discuss and analyze pressing economic issues. See also | business cycle indicators | leading economic indicators | coincident economic indicators | lagging economic indicators | National Bureau of Economic Research | Consumer Confidence Index | Index of Consumer Sentiment | business cycles | expansion | contraction | business cycle phases | full employment | economic growth | demand-driven business cycles | investment business cycles | political business cycles | stabilization policies | full employment | potential real gross domestic product | economic growth | political views |
Recommended Citation:CONFERENCE BOARD, THE, AmosWEB GLOSS*arama, http://www.AmosWEB.com, AmosWEB LLC, 2000-2023. [Accessed: June 8, 2023].
AmosWEB Encyclonomic WEB*pedia:Additional information on this term can be found at: WEB*pedia: Conference Board, The
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AUTONOMOUS GOVERNMENT PURCHASES Government purchases by the government sector that do not depend on income or production (especially national income or gross domestic product). That is, changes in income do not generate changes in government purchases. Autonomous government purchases are best thought of as government purchases that the government sector undertake independent of income. They are measured by the intercept term of the government purchases line. The alternative to autonomous government purchases is induced government purchases, which do depend on income.
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RED AGGRESSERINE
[What's This?]
Today, you are likely to spend a great deal of time browsing about a thrift store trying to buy either a T-shirt commemorating the first day of spring or a coffee cup commemorating last Friday (you know why). Be on the lookout for jovial bank tellers.
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This isn't me! What am I?
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More money is spent on gardening than on any other hobby.
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"Never confuse a single defeat with a final defeat." -- F. Scott Fitzgerald, writer
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UNCTAD
United Nations Conference on Trade and Development
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