cash in hand,finances,funds,monetary resource,pecuniary resource- assets in the form of money M1- a measure of the money supply; includes currency in circulation plus demand deposits or checking account balances M2- a measure of the money supply; M1 plus net time deposits (other than large ce...
Peyer patches - collections of many lymphoid follicles closely packed together, forming oblong elevations on the mucous membrane of the small intestine. Synonym(s): aggregate glands; aggregate lymphatic follicles; aggregate lymphatic nodules; agmen peyerianum; folliculi lymphatici aggregati; Peyer glands...
Short-Run Aggregate Supply (SRAS) Frequent Asked Questions Aggregate Supply Definition Aggregate supply refers to the total amount of goods and services produced in an economy over a given time frame and sold at a given price level. This includes the supply of private consumer goods, public and...
The meaning of AGGREGATE is formed by the collection of units or particles into a body, mass, or amount : collective. How to use aggregate in a sentence. Did you know?
The amount supplied is called the natural rate of output. Short-run economic fluctuations can occur without affecting the long-run output rate. Four Factors of Aggregate Supply The amount supplied is determined by thefour factors of production.2U.S. economic success is based on an abundance of ...
SRAS(short run aggregate supply):is the total output of an economy that will be supplied when there has not been enough time for the prices of factors of production to change. The cost effect:although wage and cost of raw materials do ...
The meaning of AGGREGATE is formed by the collection of units or particles into a body, mass, or amount : collective. How to use aggregate in a sentence. Did you know?
Regulation管制:can include fixing quantity of supply or demand, or price or quantity control, so the market will produce nearer the social optimal level of output. Direct provision直接供应:is when the government directly supply goods to ...
Aggregate supply and demand refers to the concept of supply and demand but applied at a macroeconomic scale. Aggregate supply and aggregate
Chapter 2The price system and the micro-economyDemand and supply curves Effective demand:the quantity of a good or service an individual is willing and able to buy over a range of prices over a period of time. Effective demand=the demand at the point of equilibrium where aggregate demand equ...