Sentence examples for aggregate price level from inspiring English sources
Policy-makers should not disregard the effect of e-commerce on properties of the aggregate price level and inflation as pricing in online markets does differ from that in brick-and-mortar stores.
We investigate how subjects decide on prices and quantities in response to signals from the firms׳ internal conditions, i.e., individual profits, excess demand, and excess supply, and the market environment, i.e., aggregate price level.
Macroeconomists typically think about the economy, without too much focus for specific sectors –measuring in terms of the aggregate "price level" (inflation), unemployment, demand and supply (GDP).
Where P rt = the price of regional output, P t = the aggregate price level, and D rt = the regional demand index, which captures the extent to which aggregate demand in a particular region may rise or fall.
Estimates of the extent of inflation vary by source, method used, estimation technique, and definition of the aggregate price level.
In addition, various regional and national aggregates, such as aggregate employment, aggregate price levels, and balance of trade, are defined.
If successful, the cuts will shift both aggregate demand and aggregate supply, because the price level for a supply of goods will be reduced, which often leads to an increase in demand for those goods.
If aggregate demand shrinks, production and employment will decline and there will be downward pressure on the price level; if aggregate demand swells, there will be an inflationary problem.
In the left-hand chart, the economy is in equilibrium at the point where the aggregate demand curve D1 and the aggregate supply curve S1 intersect, at price level P1 and output Q1.
Furthermore, both indigenous and non-indigenous groups deal with similar aggregate variables (unemployment, price levels, etc).. Finally, only bilingual (Spanish and dialect speakers) indigenous individuals were chosen to avoid any influence that language discrimination may have.
The costs were adjusted to 2005 price level and aggregated at the individual level.
