When.com Web Search

Search results

  1. Results From The WOW.Com Content Network
  2. AD–IA model - Wikipedia

    en.wikipedia.org/wiki/AD–IA_model

    The model features a downward-sloping demand curve (AD) and a horizontal inflation adjustment line (IA). The point where the two lines cross is equal to potential GDP. A shift in either curve will explain the impact on real GDP and inflation in the short run.

  3. Demand curve - Wikipedia

    en.wikipedia.org/wiki/Demand_curve

    The shift of a demand curve takes place when there is a change in any non-price determinant of demand, resulting in a new demand curve. [11] Non-price determinants of demand are those things that will cause demand to change even if prices remain the same—in other words, the things whose changes might cause a consumer to buy more or less of a ...

  4. Aggregate demand - Wikipedia

    en.wikipedia.org/wiki/Aggregate_demand

    The aggregate demand curve illustrates the relationship between two factors: the quantity of output that is demanded and the aggregate price level. Aggregate demand is expressed contingent upon a fixed level of the nominal money supply.

  5. AD–AS model - Wikipedia

    en.wikipedia.org/wiki/AD–AS_model

    The dynamic aggregate demand curve shifts when either fiscal policy or monetary policy is changed or any other kinds of shocks to aggregate demand occur. [5]: 411 Changes in the level of potential Y also shifts the AD curve, so that this type of shocks has an effect on both the supply and the demand side of the model. [5]: 412

  6. Keynesian cross - Wikipedia

    en.wikipedia.org/wiki/Keynesian_cross

    Consumption is an affine function of income, C = a + bY where the slope coefficient b is called the marginal propensity to consume. If any of the components of aggregate demand, a, I p or G rises, for a given level of income, Y, the aggregate demand curve shifts up and the intersection of the AD curve with the 45-degree line shifts right ...

  7. Aggregate supply - Wikipedia

    en.wikipedia.org/wiki/Aggregate_supply

    Aggregate supply curve showing the three ranges: Keynesian, Intermediate, and Classical. In the Classical range, the economy is producing at full employment. In economics , aggregate supply ( AS ) or domestic final supply ( DFS ) is the total supply of goods and services that firms in a national economy plan on selling during a specific time ...

  8. Macroeconomics - Wikipedia

    en.wikipedia.org/wiki/Macroeconomics

    The original version of the model shows the price level and level of real output given the equilibrium in aggregate demand and aggregate supply. The aggregate demand curve's downward slope means that more output is demanded at lower price levels. [54]

  9. Paradox of thrift - Wikipedia

    en.wikipedia.org/wiki/Paradox_of_thrift

    The paradox states that an increase in autonomous saving leads to a decrease in aggregate demand and thus a decrease in gross output which will in turn lower total saving. The paradox is, narrowly speaking, that total saving may fall because of individuals' attempts to increase their saving, and, broadly speaking, that increase in saving may be ...