ADAS model, 241–243
Administrative lag, 169
Aggregate demand (AD)
composition of, 117, 151, 164
defined, 116
Aggregate demand (AD) curve, 116–118
autonomous and induced components of, 152
demographics, 124–125
exchange rates, 123–124
expectations, 122–123
foreign economic conditions, 123
foreign trade effect and, 120
government policy and, 121–122
income distribution, 124
real interest rate effect and, 118–120
slope of, 118–120, 155
wealth and, 122
wealth effect and, 118
Aggregate price level, 117, 125, 135
Aggregate supply curve, defined, 125
Aggregate supply, defined, 125
Allocative efficiency, 14
American Reinvestment and Recovery Act, 170, 171, 253
Appreciation, 49
Assets, 189
Asymmetrical process, 141
Automatic stabilizers, 174
assessment ...
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