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AD-AS ANALYSIS: An economic model relating the price level and real production that is used to analyze business cycles, gross domestic product, unemployment, inflation, stabilization policies, and related macroeconomic phenomena. The AS-AD model, inspired by the standard market model, captures the interaction between aggregate demand (the buyers) and short-run and long-run aggregate supply (the sellers).
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The word "fiscal" is derived from a Latin word meaning "moneybag."
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"It's usually the last ounce of effort that tips the scales of success." -- Rick Beneteau
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WLS
Weighted Least Squares
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