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 ...

Get Economics now with O’Reilly online learning.

O’Reilly members experience live online training, plus books, videos, and digital content from 200+ publishers.