Macroeconomics
Review economy-wide terms for aggregate demand, supply, GDP, consumption, money demand, and investment behavior.
EconomicsMacroeconomics
A private copy will be added to your library.
Created by qram-ai
Review economy-wide terms for aggregate demand, supply, GDP, consumption, money demand, and investment behavior.
A private copy will be added to your library.
Created by qram-ai
| Term | Paired term |
|---|---|
| Aggregate Demand | Total demand in economy |
| Aggregate Supply | Total supply in economy |
| AD-AS Model | Model showing AD-AS relationship |
| Autonomous Consumption | Spending independent of income |
| Average Propensity to Consume | Ratio of consumption to income |
| Actual GDP | Current level of output |
| Acceleration Principle | Investment based on sales changes |
| Asset Demand for Money | Demand for money as investment |
| Automatic Stabilizers | Mechanisms reducing economic fluctuations |
| Adverse Selection | Information asymmetry problem |
+ 468 more terms
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