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LABOR UNION MOVEMENT: Activities on the part of workers in the United States, beginning in the mid-1800s and extending into the mid-1900s, to establish labor unions and otherwise promote the interests of workers. This movement, which coincided with the onset of the U.S. industrial revolution, was launched with the Commonwealth versus Hunt court decision in 1842 which made it legal to join a labor union. The labor union movement had a turbulent and violent history as organized labor sought to gain greater control over labor market activities. The movement reached its peak in the 1950s, with just under 30% of the labor force belonging to labor unions.

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CONSUMER CONFIDENCE, AGGREGATE DEMAND DETERMINANT: One of several specific aggregate demand determinants assumed constant when the aggregate demand curve is constructed, and which shifts the aggregate demand curve when it changes. An increase in consumer confidence causes an increase (rightward shift) of the aggregate demand curve. A decrease in consumer confidence causes a decrease (leftward shift) of the aggregate demand curve. Other notable aggregate demand determinants include interest rates, federal deficit, inflationary expectations, and the money supply.;aggregate demand determinants;interest rates, aggregate demand determinant;federal deficit, aggregate demand determinant;inflationary expectations, aggregate demand determinant;money supply, aggregate demand determinant;exchange rates, aggregate demand determinant;physical wealth, aggregate demand determinant;financial wealth, aggregate demand determinant;change in aggregate demand;change in aggregate expenditures;aggregate demand shifts;slope, aggregate demand curve;aggregate supply determinants;aggregate demand;aggregate expenditures;aggregate demand and market demand;determinants;gross domestic product;consumption expenditures;investment expenditures;government purchases;net exports;price level;real production;GDP price deflator;real gross domestic product

     See also | AS-AD analysis | aggregate market | business cycles | circular flow | Keynesian economics | monetary economics | aggregate market shocks | Consumer Confidence Index | Index of Consumer Sentiment | buyers' preferences, demand determinant |


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CAPITAL CONSUMPTION ADJUSTMENT

The official item in the National Income and Product Accounts maintained by the Bureau of Economics Analysis that measures the macroeconomy's capital depreciation during a given time period, usually one year. The capital consumption adjustment (CCA), which is also commonly termed the capital consumption allowance (also conveniently abbreviated CCA), is subtracted from gross domestic product (GDP) to calculate net domestic product (NDP). The CCA is also subtracted from gross private domestic investment to calculate net private domestic investment.

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