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<strong>PRI</strong> – Participation Rate Index, a cohort default rate appeal option for postsecondary institutions with a low percentage of students participating in the federal loan programs.
Okun, Arthur M., 1928-80 (B3)<br />US economist and policy adviser who was educated at Columbia University and taught at Yale University from 1952 to 1963. He was a member of the coUNCIL oF ECONOMIC ADVISERS from 1964 to 1968, the year in which he was chairman. His most influential work was with the BROOKINGS INSTITUTION as its senior fellow from 1969, contributing to Brookings Papers on Economic Activity as joint editor. His fame largely rests on his The Political Economy of Prosperity (1970), Equality and Efficiency - The Big Trade-off (1975) and his posthumous classic Prices and Quantities - A Macroeconomic Analysis (1981). His work as a macroeconomist had the major concern of attaining economic growth without inflation; the trade-off between equality and efficiency also interested him.<br /><em>See also:</em> discomfort index; invisible handshake; leaky bucket; Okun's law <br /><em>Reference</em><br />Gordon, R.l and Hall, R.E. (1980)
prices policy (E3)<br />An anti-inflation policy often used in conjunction with an INCOMES POLICY to set rules for the determination of product prices. There has been a variety of such policies in France: price freezes, target average prices with freedom to vary indi-
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