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elasticity of expectations (DO)<br />HICKS defined this as the ratio of the proportional change in the expected future values of X to the proportional change in its current value. If this is equal to unity, expected values and current values change in the same direction and by the same proportion, e.g. if present prices double then it is expected that future prices will double also.
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smokestack American stocks (G1)<br />The COMMON STOCK of basic US industries.
<strong>MASFAP-L</strong> – An electronic email distribution list, or listserve, maintained by the Missouri Association of Student Financial Aid Personnel. Schools and other MASFAP members may post messages, questions, and news of interest to Missouri' s financial aid community.
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