|
Today's Index
Yesterday's Index
287.9
Help us compile the AmosWEB Free Lunch Index. Tell us about your last lunch.
More About the Index
|
|
|
|
What color is the sky in your world?
|
|
|
|
AGGREGATE EXPENDITURE EQUATION: An equation indicating that aggregate expenditures (AE) are the sum of consumption expenditures (C), investment expenditures (I), government purchases (G), and net exports (X-M), stated as: AE = C + I + G + (X-M). This equation surfaces in the Keynesian economic income-expenditure model in the form of the aggregate expenditures line. However, it's also central throughout the study of macroeconomics, including aggregate demand and the measurement of gross domestic product.
Visit the GLOSS*arama
|
|
|
|
|
Lesson 8: Market Shocks | Unit 2: Determinants
|
Page: 6 of 20
|
Five basic supply determinants:- Resource prices: Higher prices of inputs such as labor, land, and raw material, decrease supply.
- Technology: Improved technology means an increase in supply.
- Prices of other goods: An increase in the price of a substitute-in-production, decreases supply. An increase in the price of a complement-in-production, increases supply.
- Seller's expectations: If sellers expect higher prices tomorrow, they decrease supply today.
- Number of sellers: More sellers mean more supply.
|
|
|
|
|
|
|
PRICE An asset or item voluntarily exchanged in a market transaction for another asset or item. This item or asset is usually, but not necessarily, money. A barter transaction occurs if money is NOT one of the assets or items exchanged. In a standard market diagram, price is displayed on the vertical axis.
Complete Entry | Visit the WEB*pedia |
|
|
|
State of the ECONOMY
U.S. National Debt
August 11, 2010
$13,318,180,266,796.36
$43,113.82 per person: U.S. Debt Clock
More Stats
|
|
ORANGE REBELOON
[What's This?]
Today, you are likely to spend a great deal of time visiting every yard sale in a 30-mile radius trying to buy either a video game player or an AC adapter that won't fry your computer. Be on the lookout for malfunctioning pocket calculators.
Your Complete Scope
This isn't me! What am I?
|
|
|
"Nothing so conclusively proves a man's ability to lead others as what he does from day to day to lead himself." -- Thomas J. Watson, IBM founder
|
|
LRD
Longitudinal Research Database
|
|
|
Tell us what you think about AmosWEB. Like what you see? Have suggestions for improvements? Let us know. Click the User Feedback link.
User Feedback
|
|
