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Manual Traffic Exchanges This is a list of Manual traffic exchanges that you can use to get your site viewed by thousands of people a week. Manual traffic exchanges are better known for quality over the quantity you find with auto surfs. But both are great for generating traffic. |
08-04-2011, 01:53 PM
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#1
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development (01, 04)<br />1 The movement of an economy from agricultural activities using simple technology to the production of industrial products and a range of services using modern technology. (Even in the seventeenth century PETTY regarded development as the growth of serv1ce industries.)<br />2 The cumulative growth of per capita income, accompanied by structural and institutional changes. Although per capita income is a crude measure unless problems of measuring the GRoss DOMESTIC PRODUCT and its distribution are taken into account, this is often the best proxy measure. Post-1945 development policies have often failed to help the poorest 40 per cent of the world's population. Although many aid programmes have an urban bias, they have widely achieved lower rates of infant mortality, more hospital beds, an increased supply of piped water and the building of many all-season roads.<br /><em>See also:</em> industrialization <br /><em>Reference</em><br />Kitching, G. (1989) Development and Underdevelopment in Historical Perspective.
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quota (D2, F1)<br />A restricted supply of a good or service. Import quotas are used to protect domestic industries; export quotas, to stabilize expor t earnings. Under any system of rationing, a quota will be the amount allocated to a particular person or organization.<br /><em>See also:</em> non-tariff barrier; protection; tariff; volun tary export restraint & R
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single-tax movement (H2)<br />The campaign in the USA by Henry GEORGE for existing taxes to be replaced by a single tax on land, which would absorb all pure rents. This view was based on the observation that landlords have an unearned income arising from land as it rises in value through being fixed in supply but increasingly demanded as the population grows. A century before, the PHYSIOCRATS, too, proposed a single tax on land. For such a change in taxation to be fair to all factors of production, ECONOMIC RENT wherever it occurs, including a portion of the earnings of talented performers, would have to be taxed.<br /><em>See also:</em> Turgot <br /><em>Reference</em><br />George, H. (1918) Single Tax- What It Is and Why We Urge It, Los Angeles: Golden Press.
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discouraged workers hypothesis (J2, J6) The view that workers give up job search activity because high unemployment rates and a lack of hiring by businesses make it unlikely that they will succeed in gaining employment Lack of search loses them the status of being unemployed and so they drop OUt of the LABOUR FORCE.<br /><em>See also:</em> additional worker hypothesis
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08-05-2011, 12:32 PM
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#2
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bastard Keynesianism (E6)<br />This expression was invented by JOAN ROB!NSON to describe the imposition of NEOCLASSICAL thinking on the theories of KEYNES. She complained that the concept of EFFECTIVE DEMAND had been abandoned and that there was less concern for the meaning of capital than for its measurement. In particular, she was angry that modem theorists had distorted Keynes by stating that, given a level of savings, the government ensures that there is enough investment, a view little different from the classical assertion that savings determine investment, ignoring the effect of DISTRIBUTION on consumption and investment. HICKS with his IS LM analysis, PAT!NKIN and her US opponents in the CAMBRIDGE CONTROVERSIES were included in the ranks of the illegitimate.<br /> <br /><em>Reference</em><br />Robinson, J. (1979) 'What has become of the Keynesian revolution?', in Collected Economic Papers, Vol. V, pp. 168-77, Oxford: Basil Blackwell.
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<strong>Grant</strong> Financial aid that does not have to be repaid, such as the Missouri Charles Gallagher Student Financial Assistance Program, administered by the MDHE.
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08-05-2011, 10:43 PM
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#3
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<strong>Income-contingent repayment schedule</strong> A repayment schedule for some Direct Loans under which the borrower' s monthly payment amount is adjusted annually, based on the borrower' s income, family size, and debt amount.
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equilibrium velocity (E4)<br />The VELOCITY OF CIRCULATION that maintains interest rates on deposits at their long-run equilibrium (i.e. average) rates.
bull (F3, G1)<br />A speculator who, expecting prices of shares, commodities or currencies to rise, will buy now and sell after prices have risen, thereby making a capital gain. The opposite is a BEAR.
inverse elasticity rule (DO)<br />This states that the PRICE ELASTICITY OF DEMAND for a good is inversely proportional to price minus marginal cost divided by price (if all CROSS PRICE ELASTICITIES OF DEMAND are ignored). Thus the margin between price and cost is large when elasticity is small: under MONOPOLY, there will be a very INELASTIC demand and the ability to make SUPERNORMAL PROFITS.<br /><em>See also:</em> Lerner index
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08-07-2011, 05:32 AM
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#4
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08-07-2011, 06:54 AM
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#5
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factor-augmenting technical progress (02)<br />Technical progress arising from an increase in factor PRODUCTIVITY in the absence of an increase in the stock of capital or the size of the labour force.
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08-07-2011, 01:05 PM
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#6
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Mayday (G2)<br />The deregulation of the Wall Street securities industry on 1 May 1975. Price competition was increased by abolishing minimum commissions, a system that had existed on the New York Stock Exchange since 1792. A major effect of this change was a reduction in the number of securities firms.<br /><em>See also:</em> Big Bang
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<strong>NDSL</strong> National Direct Student Loan, renamed the Federal Perkins Loan Program in 1992. (Note: this is NOT the same program as the William D. Ford Direct Loan Program, or FDLP.)
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08-07-2011, 04:13 PM
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#8
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Price Commission (E3)<br />UK public body administering PRICEs POLICY in 1973-80. It applied the rules of a price code which were enforced most rigorously against the largest companies, which had to gain approval in advance of price increases, whereas the smallest merely had to keep records available for inspection to show compliance with the code. The rules included a statement of which cost increases could be passed on into product price increases and safeguards to maintain profits so that investment would not suffer. Many aspects of the code were similar to the French price policies in force in the 1950s and 1960s. The Competition Act 1980 abolished the Price Commission.
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<strong>Academic Competitiveness Grant (ACG)</strong> A new federal grant available as of July 1, 2006. Eligibility for this grant is based on high school academic performance as well as financial need. More information is available at: http://studentaid.ed.gov/PORTALSWebA...sp?tab=funding.
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08-07-2011, 06:53 PM
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#9
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International Clearing Union (F3)<br />A set of international institutions proposed by KEYNES at BRETTON WOODS. The ICU was to be the world's banker by setting up a World Bank which would be able to make adjustments of exchange rates, as well as providing a Board for International Investment, a scheme of commodity controls and an International Economic Board. Keynes hoped that this new set of institutions would combat the evils of the TRADE CYCLE. Exchange rate stabilization was to be achieved by fixing each exchange rate in terms of a new international bank money, BANCOR, which would itself be fixed in terms of gold. CENTRAL BANKS WOuld keep their accounts with the ICU to settle outstanding balances at the par value of their currencies expressed in bancor. Ban- cor credit balances, with the approval of central banks in credit, would be used to finance debtor countries. Overdraft facilities would give countries time for adjustment Each country would have a 'quota', i.e. a maximum debit balance, equal to the sum of the country's exports and imports on the average of the three pre-war years. If the quota was exceeded by more than one-quarter, then the country would be entitled to devalue up to 5 per cent without the consent of the ICU If the quota was exceeded by more than one-half, then the ICU would require a stated devaluation, control of outward capital transactions and the surrender of a suitable percentage of gold or other liquid reserve assets. If the quota was exceeded by more than three-quarters, then a country could be declared in default and no longer entitled to draw on its account without the approval of the governing body of the ICU Thus, this proposal was a step towards a world central bank operating in an international currency.<br /><em>See also:</em> International Monetary Fund; World Bank
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Galbraith, john Kenneth, 1908- (B3)<br />A Canadian American liberal economist who has achieved astounding publishing success in his books on capitalism, the Great Depression, the affluent society and the industrial state. With a training in agriculture in Ontario and in agricultural economics at Berkeley, California, he has taught at Harvard University since 1949. His early work on industrial price rigidities and on price controls made use of his wartime experience as head of the Price Section of the US Office of Price Administration. In 1952, American Capitalism launched his career as a best-selling economic guru. His works contain strikingly novel analyses, e.g. of consumers' couNTERVAILING POWER to large oligopolists, of the contrast between private affluence and public squalor and of the managerial nature of modem capitalism. Outside the university, he was a leading adviser to President John F. Kennedy and his ambassador to India. Much of his writing has the broad sweep of an eighteenth-century economist who has espoused the mixed economy: this approach is not without its critics as modem economists are often irritated by his avoidance of the empirical testing of his theories. But it is greatly to his credit that one of his most thorough books is his late survey of economic thought in 1987.<br /><em>Reference</em><br />Galbraith, J.K. (1938) Modern Competition and Business Policy, Boston, MA: Houghton Mifflin; London: Hamish Hamilton.<br /> - (1952) American Capitalism: the Concept of Countervailing Power, London: Hamish Hamilton.<br /> - (1952) A Theory of Price Control, Cambridge, MA: Harvard University Press.<br /> -(1954) The Great Crash 1929, Boston: Houghton Mifflin; London: Hamish Hamilton.<br /> - (1958) The Affluent Society, London: Hamish Hamilton.<br /> - (1967) The New Industrial State, Boston: Houghton Mifflin; London: Hamish Hamilton.<br /> - (1973) Economics and the Public Purpose, Boston: Houghton Mifflin; London: Hamish Hamilton.<br /> - (1987) A History of Economics: The Past as Present, London: Hamish Hamilton.<br /> Reisman, D.A. (1980) Galbraith and Market Capitalism, New York: New York University Press.
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Soviet Material Product System (EO, P3) The distinctive system of NATIONAL INCOME accounting used in the USSR. Government services and many private services were excluded. This attitude to national income accounting, so different from that used by Western countries, is founded on the distinction between PRODUCTIVE and UNPRODUCTIVE LABOUR used by CLASSICAL ECONOMISTS.
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08-07-2011, 08:18 PM
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#10
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