26 results for “economics”
National output measured as total spending by households, firms, government and net exports.
The percentage change in real output between two periods.
The rate at which the general price level rises over time.
The share of the labor force that is jobless and actively seeking work.
Output adjusted for inflation, so growth reflects real production, not rising prices.
A broad price index covering all goods in GDP, not just a consumer basket.
How responsive quantity demanded is to a change in price.
How responsive quantity supplied is to a change in price.
The added cost of producing one more unit of output.
The added revenue from selling one more unit of output.
The fraction of an extra dollar of income that is spent rather than saved.
How much total output rises from an initial change in spending.
Links the money supply and its velocity to the price level and real output.
Relates nominal interest rates to the real rate plus expected inflation.
The benefit consumers gain when they pay less than the maximum they were willing to pay.
Gross domestic product by spending.
Responsiveness of demand to price changes.
Measures price levels relative to a base year.
Percentage change in the price index.
Fraction of the labor force without work.
Total impact of spending given marginal consumption.
GDP adjusted for inflation.
Extra satisfaction from one more unit.
Value of the next best alternative foregone.
Average economic output per person.
Marginal revenue is the extra revenue earned from selling one additional unit.