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November 26, 2014 

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INFRASTRUCTURE: Capital used for transportation, communication, and energy delivery. This is often termed social overhead capital because it provides the basic capital foundation needed by an economy before business capital can adequately do its job.

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TWO-SECTOR KEYNESIAN MODEL: A model used to identify equilibrium in Keynesian economics based on aggregate expenditures by the two basic sectors (household and business). Equilibrium is achieved at the intersection of the aggregate expenditures line, AE = C + I, and the 45-degree line, Y = AE. This is the most basic Keynesian aggregate expenditures model that captures an induce expenditure (consumption) and an autonomous expenditure (investment).

     See also | Keynesian economics | Keynesian equilibrium | consumption line | aggregate expenditures line | 45-degree line | household sector | business sector | three-sector Keynesian model | four-sector Keynesian model |


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TWO-SECTOR KEYNESIAN MODEL, AmosWEB GLOSS*arama, http://www.AmosWEB.com, AmosWEB LLC, 2000-2014. [Accessed: November 26, 2014].


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BUYERS' EXPECTATIONS, DEMAND DETERMINANT

The expectations that buyers have concerning the future price of a good, which is assumed constant when a demand curve is constructed. Buyers' expectations are one of five demand determinants that shift the demand curve when they change. The other four are buyers' income, buyers' preferences, other prices, and number of buyers.

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APLS

State of the ECONOMY

Consumer Price Index Urban
September 2014
237.633
Up 0.1% from August 2014 Source: BLS

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[What's This?]

Today, you are likely to spend a great deal of time surfing the Internet looking to buy either a replacement remote control for your stereo system or a computer that can play video games and burn DVDs. Be on the lookout for door-to-door salesmen.
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A U.S. dime has 118 groves around its edge, one fewer than a U.S. quarter.
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