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Clark, Colin Grant, 1905-89 (B3)<br />UK-born pioneer of NATIONAL INCOME accounting, educated at Oxford University. He was a lecturer at Cambridge University in 1931-7 before emigrating to Queensland, Australia, where in 1938-52 he was a financial adviser and Under-Secretary of State for Labour and Industry; subsequently Director of the Institute for Research in Agricultural Economics of Oxford University from 1953 to 1969. His foundational work on national income accounting included the major advance of making one of the first calculations of the MULTIPLIER. In 1940, he broadened his interests to consider the nature of economic development; also well known for his writings on population and land use.<br /><em>Reference</em><br />Clark, C. (1932) The National Income, 1924-31, London: Macmillan.<br /> - (1940) Conditions of Economic Progress, London: Macmillan.<br /> - (1962) Growthmanship: a Study in the Methodology of Investment, 2nd edn, London: Institute of Economic Affairs.<br /> - (1977) Population, Growth and Land Use, rev. edn, London: Macmillan.
<strong>GO</strong> – Guarantee Only, a type of application process flow within the FFEL Program and outlined in CommonLine file specifications. In a “GO” process flow, the school submits loan application information to the guarantor, which then guarantees the loan and takes no further action. It is assumed that either the school or the lender will obtain a signed MPN from the borrower either via paper or an electronic method.
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<strong>EDExpress</strong> – A PC-based software offered by the U.S. Department of Education to schools to administer the Federal Pell Grant Program and the direct loan program.
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