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<strong>Blue Book, The</strong> – Department of Education manual providing guidance to school business office personnel who handle fiscal recordkeeping, accounting, and reporting functions for the federal Title IV student financial aid programs. The most recent edition is dated October 2005 and may be retrieved from the IFAP website (
http://www.ifap.ed.gov/bbooks/102005BlueBook.html).
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basis of average variable cost plus a gross profit margin (which would finance fixed costs) or average total cost with a net profit margin. Many questioned the view that such a rigid pricing policy would be followed if there were great changes in demand either making possible higher prices and greater profits or necessitating price cuts so that at least variable costs would be covered. Out of the theory came the assertion that oligopolists have a KINKED DEMAND CURVE.<br /><em>Reference</em><br />Hall, R.L and Hitch, C.L. (1939) 'Price theory and business behaviour', Oxford Economic Papers 2: 12-45.
dollar (F3)<br />The name of the USA's currency since 1785. Other countries, including Hong Kong, Canada and Australia, have followed the US lead. The term is derived from the Bohemian thaler introduced in 1517. 'Yen' (Japanese) and 'yuan' (Chinese) both mean dollar.<br /><em>See also:</em> currencies
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niche bank (G2)<br />1 A specialist bank with a particular place in the financial sector. The consequence of this concentration on particular types of customer or financial service gives it higher profitability but the greater risk of not being diversified in its activities.<br /> 2 A LASER BANK.
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