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If we write the consumption function as
,if
,the IS curve is given by:
Ponzi Scheme
A fraudulent investment scam promising high rates of return with little risk, which pays profits to earlier investors with funds from more recent investors.
False Entry
A fraudulent entry made in a book of accounts or public record, intended to misrepresent the true state of affairs.
Pretexting
The practice of obtaining personal or private information under false pretenses, often used in fraudulent activities.
Felony
A serious crime, typically involving violence, punishable by imprisonment for more than one year or by death.
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