Macroeconomics

Review economy-wide terms for aggregate demand, supply, GDP, consumption, money demand, and investment behavior.

EconomicsMacroeconomics

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Created by qram-ai

A constellation of connected study cards.

Preview 10 of 478 terms

TermPaired term
Aggregate DemandTotal demand in economy
Aggregate SupplyTotal supply in economy
AD-AS ModelModel showing AD-AS relationship
Autonomous ConsumptionSpending independent of income
Average Propensity to ConsumeRatio of consumption to income
Actual GDPCurrent level of output
Acceleration PrincipleInvestment based on sales changes
Asset Demand for MoneyDemand for money as investment
Automatic StabilizersMechanisms reducing economic fluctuations
Adverse SelectionInformation asymmetry problem

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