FISCALIST Definition

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FISCALIST is an economist who prefers that the government affect the economy by raising and lowering taxation and/or government spending.

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ALPHA is the measurement of returns from an investment in excess of market returns. It represents the amount expected from fundamental causes, e.g. the growth rate in earnings per share. This contrasts with BETA, which is a measure of risk or volatility.

BREAK-EVEN SALES see BREAK-EVEN POINT.

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