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Old 08-06-2011, 03:59 AM   #298
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job separation (J6)<br />A voluntary or involuntary termination of a person's employment.

<strong>Header</strong> – A term that comes at the beginning of the school' s scheduled academic year (SAY).

income-consumption curve (DO)<br />A graphical representation of the relationship between changing amounts of consumption of alternative goods as real income changes, using INDIFFERENCE CURVES and BUDGET LINEs. The parallel budget lines show real income increases as one moves away from the origin. The income-consumption curve joins together the points of tangency between indifference curves l1, lz, 13 and 14 and budget lines representing different income levels. The curve can be used to demonstrate which of two goods is the INFERIOR GOOD.<br /> <br /><em>See also:</em> Engel's law; price-consumption curve
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