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Old 08-04-2011, 10:17 PM   #1
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<strong>MYF</strong> - Mapping Your Future, an organization sponsored by FFEL Program participants, such as the MDHE, to offer online student loan counseling, financial literacy and debt management tools, outreach and early awareness activities, and other services. May be found on the world wide web at www.mapping-your-future.org.
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accounting identity (EO, M4)<br />A balance with each side of an equation equal to the other because of the accounting definitions used. In economics this identity is usually contrasted with equilibrium conditions. Thus, in basic macroeconomics, the accounting equations Y = C + I and Y = C + S entail that I = S, but planned saving and investment may diverge (Y is national income, C is aggregate consumption, I is net investment and S is aggregate saving).
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