Index
A
Abe, Shinzō
absolute advantage
accounting profit
versus economic
actual output
actual unemployment
AD-AS model
advertising, monopolistic competition
AFC (averaged fixed costs)
Affordable Care Act
agencies, regulatory
aggregate
aggregate demand
AD-AS model
aggregate demand curve
shifts
aggregate output
aggregate supply
AD-AS model
curve
LRAS
shifts
short-run aggregate supply curve (SRAS)
allocative efficiency
Amtrak
ATC (average total cost)
Austrian School of economics
automatic stabilizers
taxes and transfers
AVC (average variable costs)
averaged fixed costs (AFC)
average total cost (ATC)
average variable costs
B
Bagehot’s rule
Bagehot, Walter
balance sheet recessions
balancing budgets
banking
central banks
Bank of England
Bank of France ...
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