gross domestic purchases
51Morocco — Moroccan /meuh rok euhn/, adj., n. /meuh rok oh/, n. 1. French, Maroc. Spanish, Marruecos. a kingdom in NW Africa: formed from a sultanate that was divided into two protectorates (French Morocco and Spanish Morocco) and an international zone.… …
52Subprime mortgage crisis — Part of a series on: Late 2000s financial crisis Major dimensions …
53Paraguay — Paraguayan, adj., n. /par euh gwuy , gway /; Sp. /pah rddah gwuy /, n. 1. a republic in central South America between Bolivia, Brazil, and Argentina. 5,651,634; 157,047 sq. mi. (406,750 sq. km). Cap.: Asunción. 2. a river in central South America …
54Debt deflation — is a theory of economic cycles, which holds that recessions and depressions are due to the overall level of debt shrinking (deflating): the credit cycle is the cause of the economic cycle. The theory was developed by Irving Fisher following the… …
55education — /ej oo kay sheuhn/, n. 1. the act or process of imparting or acquiring general knowledge, developing the powers of reasoning and judgment, and generally of preparing oneself or others intellectually for mature life. 2. the act or process of… …
56Social Protection — ▪ 2006 Introduction With medical costs skyrocketing and government programs scaled back, citizens bore more responsibility for their health care costs; irregular migration, human trafficking, and migrant smuggling posed challenges for… …
57Keynesian formula — The Keynesian formula, developed by the British economist John Maynard Keynes. Keynes was an influential economist who was greatly influenced by the events of the Great Depression in the 1930s. He was a great influence upon government economic… …
58European Central Bank — European Central Bank …
59Government spending — or government expenditure is classified by economists into three main types. [Robert Barro and Vittorio Grilli (1994), European Macroeconomics , Ch. 15 16. Macmillan, ISBN 0333577647.] Government purchases of goods and services for current use… …
60Great Depression — the economic crisis and period of low business activity in the U.S. and other countries, roughly beginning with the stock market crash in October, 1929, and continuing through most of the 1930s. * * * or Depression of 1929 Longest and most severe …
