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<strong>Free Application for Federal Student Aid (FAFSA)</strong> – The form the student must complete to apply for federal Title IV financial assistance. The FAFSA may also be completed on the web at the following url:
http://www.fafsa.ed.gov/.
currency run (G2)<br />A great increase in the public's demand for cash because of the belief that other forms of finance, including CREDIT CARDS, will be ineffective. At the time of the beginning of the new millennium, 1 January 2000, many believed that only coins and banknotes were reliable at a time when widespread computer failures were possible.
<strong>LDA</strong> – Last Date of Attendance, the last day the student was physically present in class, as confirmed by the student' s attendance records. An LDA may also be referred to as an out of school date (OSD) or, if the student completed the program of study, the actual graduation date.
economic growth (04)<br />The growth in the total, or per capita, output of an economy, often measured by an increase in real GROSS NATIONAL PRODUCT, and caused by an increase in the supply of FACTORS OF PRODUCTION or their PRODUCTIVITY. This approach was central to Smith's Wealth of Nations and to much of CLASSICAL ECONOMICS. HARROD and DOMAR in 1948 were major founders of modem growth theory. Growth theorists have wedded their work to DEVELOPMENT ECONOMICS and to a study of ECONOMIC PLANNING. Ecologists and others concerned about the scarcity of natural resources have advocated zero economic growth rates as appropriate for the twenty-first century. A writer as early as John Stuart MILL (in his Principles of Political Economy, Book IV, ch. 6) extolled the benefits of the STATIONARY STATE.<br /> <br /><em>Reference</em><br />Mishan, E.J. (1977) The Economic Growth Debate. An Assessment, London: Allen&Unwin.<br /> Rostow, W.W. (1990) Theorists of Economic Growth from David Hume to the Present, New York: Oxford University Press.
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