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DISTRIBUTION: This was formerly, the placement variable of the marketing mix. The activities that put the product, service, or idea at the correct location the customer wants and needs in order to facilitate the purchase. Channels of distribution vary based on the businessŐ strategy, target market, and resources.

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Lesson 9: Macro Basics | Unit 2: Macro Problems Page: 7 of 16

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  • The three major goals of the macroeconomy: full employment, stability and growth, and the limitations to achieve them.
  • The three major macroeconomic problems of not reaching the macro goals: production, unemployment and inflation.
  • Difficulties in the production of goods and services that result from the demand and supply sides of the economy.
  • The problems of unemployment : lost production and personal hardships.
  • The problems of inflation: uncertainty, decline value of financial assets, haphazard income and wealth redistribution, and hyperinflation and reduced production.

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AGGREGATE DEMAND DECREASE, SHORT-RUN AGGREGATE MARKET

A shock to the short-run aggregate market caused by a decrease in aggregate demand, resulting in and illustrated by a leftward shift of the aggregate demand curve. A decrease in aggregate demand in the short-run aggregate market results in a decrease in the price level and a decrease in real production. The level of real production resulting from the shock can be greater or less than full-employment real production.

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ORANGE REBELOON
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Today, you are likely to spend a great deal of time watching the shopping channel wanting to buy either an extra large beach blanket or a large flower pot shaped like a Greek urn. Be on the lookout for a thesaurus filled with typos.
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The average length of a "business lunch" is about 36 minutes.
"The only place success comes before work is in the dictionary. "

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M2
M1 plus savings types of near monies, including savings deposits, certificates of deposits, money market deposits, repurchase agreements, and Eurodollars
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