demand-and-supply curves

  • 51AD-AS model — The AD AS or Aggregate Demand Aggregate Supply model is a macroeconomic model that explains price level and output through the relationship of aggregate demand and aggregate supply. It was first put forth by John Maynard Keynes in his work The… …

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  • 52arctic — arctically, adv. /ahrk tik/ or, esp. for 7, /ahr tik/, adj. 1. (often cap.) of, pertaining to, or located at or near the North Pole: the arctic region. 2. coming from the North Pole or the arctic region: an arctic wind. 3. characteristic of the… …

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  • 53Saudi Arabia — a kingdom in N and central Arabia, including Hejaz, Nejd, and dependencies. 20,087,965; ab. 600,000 sq. mi. (1,554,000 sq. km). Cap.: Riyadh. Cf. Mecca. * * * Saudi Arabia Introduction Saudi Arabia Background: In 1902 Abd al Aziz Ibn SAUD… …

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  • 54New Keynesian economics — Not to be confused with Neo Keynesian economics. Economics …

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  • 55Dimmer — For the New Zealand band, see Dimmer (band). A common dual dimmer manufactured by Electronic Theatre Controls (ETC) …

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  • 56Free trade debate — Free trade is one of the most debated topics in economics of the 20th and 21st century Fact|date=December 2007. Arguments over free trade can be divided into economic, moral, and socio political arguments. The academic debate among economists is… …

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  • 57complexity — /keuhm plek si tee/, n., pl. complexities for 2. 1. the state or quality of being complex; intricacy: the complexity of urban life. 2. something complex: the complexities of foreign policy. [1715 25; COMPLEX + ITY] * * * ▪ scientific theory… …

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  • 58human development — ▪ biology Introduction  the process of growth and change that takes place between birth and maturity.       Human growth is far from being a simple and uniform process of becoming taller or larger. As a child (child development) gets bigger,… …

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  • 59Monopsony — In economics, a monopsony (from Ancient Greek μόνος (monos) single + ὀψωνία (opsōnia) purchase ) is a market form in which only one buyer faces many sellers. It is an example of imperfect competition, similar to a monopoly, in which only one… …

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  • 60Southeast Asian arts — Literary, performing, and visual arts of Myanmar (Burma), Thailand, Laos, Cambodia, Vietnam, Malaysia, Singapore, and the Philippines. The classical literatures of Southeast Asia can be divided into three major regions: the Sanskrit region of… …

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