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PPI: The abbreviation for Producer Price Index, which is an index of the prices domestic producers receive from selling their output. THE Producer Price Index is actually one of several producer price indexes compiled and published monthly by the Bureau of Labor Statistics (BLS). THE Producer Price Index reported regularly in the media is actually the Producer Price Index for All Commodities. Other members in the family of producer price indexes include an array of broad, composite indexes (including finished consumer goods, capital goods, and crude materials); indexes that track the prices received by producers in virtually every major production industry in the country (including lumber, iron and steel, household furniture, and passenger cars); and price indexes for thousands of specific products. In total, the producer price index family includes well over 10,000 separate indexes.
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AGGREGATE DEMAND CURVE A graphical representation of the relation between aggregate expenditures on real production and the price level, holding all ceteris paribus aggregate demand determinants constant. The aggregate demand (AD) curve is one side of the graphical presentation of the aggregate market. The other side is occupied by the long-run aggregate supply curve and/or the short-run aggregate supply curve. The negative slope of the aggregate demand curve captures the inverse relation between aggregate expenditures on real production and the price level. This negative slope is attributable to the interest-rate, real-balance, and net-export effects.
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BEIGE MUNDORTLE [What's This?]
Today, you are likely to spend a great deal of time at a flea market hoping to buy either a pair of blue silicon oven mitts or a coffee cup commemorating the 2000 Olympics. Be on the lookout for slightly overweight pizza delivery guys. Your Complete Scope
This isn't me! What am I?
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There were no banks in colonial America before the U.S. Revolutionary War. Anyone seeking a loan did so from another individual.
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"There comes a time when the mind takes a higher plane of knowledge but can never prove how it got there. " -- Albert Einstein, physicist
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ACIR Advisory Council on Intergovernmental Relations
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