Shifts of Aggregate Demand and Aggregate Supply
The following summarizes the exogenous events that could shift the aggregate supply or aggregate demand curve to the right. Of course, exogenous events happening in the opposite direction would shift the relevant curve in the opposite direction.
Read more about this topic: AD-AS Model
Famous quotes containing the words shifts of, shifts, aggregate, demand and/or supply:
“God is a foreman with certain definite views
Who orders life in shifts of work and leisure.”
—Seamus Heaney (b. 1939)
“God is a foreman with certain definite views
Who orders life in shifts of work and leisure.”
—Seamus Heaney (b. 1939)
“We think of religion as the symbolic expression of our highest moral ideals; we think of magic as a crude aggregate of superstitions. Religious belief seems to become mere superstitious credulity if we admit any relationship with magic. On the other hand our anthropological and ethnographical material makes it extremely difficult to separate the two fields.”
—Ernst Cassirer (1874–1945)
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“Artistic inspiration ignores the law of supply and demand.”
—Mason Cooley (b. 1927)