demand of goods
121Keynesian economics — Economics …
122Microeconomics — The supply and demand model describes how prices vary as a result of a balance between product availability at each price (supply) and the desires of those with purchasing power at each price (demand). The graph depicts a right shift in demand… …
123colonialism, Western — ▪ politics Introduction a political economic phenomenon whereby various European nations explored, conquered, settled, and exploited large areas of the world. The age of modern colonialism began about 1500, following the European… …
124Overshooting model — The Overshooting Model or Exchange rate overshooting, first developed by economist Rudi Dornbusch, aims to explain why exchange rates have a high variance. A key element of the model is that expectations of exchange rate changes are consistent… …
125Fixed exchange-rate system — Foreign exchange Exchange rates Currency band Exchange rate Exchange rate regime Exchange rate flexibil …
126John Locke — Infobox Philosopher region = Western Philosophers era = 17th century philosophy (Modern Philosophy) color = #B0C4DE image caption = John Locke name = John Locke birth = 29 August 1632 Wrington, Somerset, England death = Death date and… …
127Stagflation — is an economic situation in which inflation and economic stagnation occur simultaneously and remain unchecked for a period of time. cite book last = Blanchard first = Olivier title = Macroeconomics edition = 2nd ed. pages = p. G8 publisher =… …
128government budget — Forecast of governmental expenditures and revenues for the ensuing fiscal year. In modern industrial economies, the budget is the key instrument for the execution of government economic policies. Because government budgets may promote or retard… …
