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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

<strong>Common Account Maintenance (CAM)</strong> – The FFEL Program industry' s electronic data standard used by lenders, servicers, and guarantors. Created by the National Council of Higher Education Loan Programs (NCHELP), CAM specifies the type of content, record format, and file structure for sharing data on borrowers and their loans.

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neo-mercantilism (B2, F1)<br />The modern advocacy of PROTECTIONISM as a means of encouraging employment growth.<br /><em>See also:</em> alternative economic strategy; infant industry argument; mercantilism; Smoot-Hawley Tariff Act<br /><em>Reference</em><br />Johnson, H.G. (ed.) (1974) The New Mercantilism: Some Problems in International Trade, Money and Investment, Oxford: Basil BlackwelL

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