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AGGREGATE SUPPLY CURVE: A graphical representation of the relation between real production and the price level, holding all ceteris paribus aggregate supply determinants constant. There are actually two separate aggregate supply curves, one for the long run and one for the short run. These aggregate supply curves are one side of the graphical presentation of the aggregate market. The other side is occupied by the aggregate demand curve.
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CONSUMER CONFIDENCE, AGGREGATE EXPENDITURES DETERMINANT: One of several specific aggregate expenditures determinants assumed constant when the aggregate expenditures line is constructed, and that shifts the aggregate expenditures line when it changes. An increase in consumer confidence causes an increase (upward shift) of the aggregate expenditures line. A decrease in consumer confidence causes a decrease (downward shift) of the aggregate expenditures line. Other notable aggregate expenditures determinants include interest rates, federal deficit, inflationary expectations, and exchange rates.;aggregate expenditures determinants;interest rates, aggregate expenditures determinant;federal deficit, aggregate expenditures determinant;inflationary expectations, aggregate expenditures determinant;exchange rates, aggregate expenditures determinant;physical wealth, aggregate expenditures determinant;financial wealth, aggregate expenditures determinant;change in aggregate expenditures;change in aggregate demand;slope, aggregate expenditures line;intercept, aggregate expenditures line;aggregate expenditures;aggregate expenditures line;determinants;gross domestic product;consumption expenditures;investment expenditures;government purchases;net exports;Keynesian economics;effective demand;psychological law See also | aggregate market analysis | business cycles | circular flow | monetary economics | aggregate market shocks | Consumer Confidence Index | Index of Consumer Sentiment | consumer confidence, aggregate demand determinant | buyers' preferences, demand determinant | Keynesian model | Keynesian equilibrium | injections-leakages model | aggregate demand | aggregate demand determinants | fiscal policy | multiplier |
Recommended Citation:CONSUMER CONFIDENCE, AGGREGATE EXPENDITURES DETERMINANT, AmosWEB GLOSS*arama, http://www.AmosWEB.com, AmosWEB LLC, 2000-2024. [Accessed: May 7, 2024].
AmosWEB Encyclonomic WEB*pedia:Additional information on this term can be found at: WEB*pedia: consumer confidence, aggregate expenditures determinant
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NORMAL PROFIT The opportunity cost of using entrepreneurial abilities in the production of a good, or the profit that could be received by entrepreneurship in another business venture. Like the opportunity costs of other resources, normal profit is deducted from revenue to determine economic profit. It is, however, never included as an accounting cost when accounting profit is computed.
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BLACK DISMALAPOD
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Today, you are likely to spend a great deal of time watching infomercials looking to buy either looseleaf notebook paper or a three-hole paper punch. Be on the lookout for bottles of barbeque sauce that act TOO innocent.
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The word "fiscal" is derived from a Latin word meaning "moneybag."
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"Adversity is another way to measure the greatness of individuals. I never had a crisis that didn't make me stronger. " -- Lou Holtz, Football Coach
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LRTC
Long Run Total Cost
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