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Aggregate Demand (AD)
Shows the relationship between the overall price level and the quantity of goods and services demanded in the economy.
Aggregate Supply (AS)
Represents the total quantity of goods and services that producers in an economy are willing and able to supply at a given overall price level.
Short-Run Aggregate Supply (SRAS)
Shows the relationship between the price level and the quantity of goods and services supplied in the short run.
Long-Run Aggregate Supply (LRAS)
Represents the potential output of the economy when all resources are fully employed.
Loanable Funds Supply (LFS)
Shows the relationship between the interest rate and the quantity of loanable funds supplied.
Loanable Funds Demand (LFD)
Shows the relationship between the interest rate and the quantity of loanable funds demanded.
Money Supply (MS)
The total amount of money available in the economy, determined by the central bank.
Money Demand (MD)
Shows the relationship between the nominal interest rate and the quantity of money demanded.
Short-Run Phillips Curve (SRPC)
Shows the inverse relationship between inflation and unemployment in the short run.
Long-Run Phillips Curve (LRPC)
Represents the natural rate of unemployment.
Production Possibilities Curve (PPC)
Shows the maximum combinations of two goods or services that an economy can produce when all resources are fully and efficiently employed.