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)
“I have rather a strange objection to talking from the back platform of a train.... It changes too often. It moves around and shifts its ground too often. I like a platform that stays put.”
—Woodrow Wilson (18561924)
“a fortress against ideas and against the
Shuddering insidious shock of the theory-vendors
The little sardine men crammed in a monster toy
Who tilt their aggregate beast against our crumbling Troy.”
—Louis MacNeice (19071963)
“Tragedy dramatizes human life as potentiality and fulfillment. Its virtual future, or Destiny, is therefore quite different from that created in comedy. Comic Destiny is Fortunewhat the world will bring, and the man will take or miss, encounter or escape; tragic Destiny is what the man brings, and the world will demand of him. That is his Fate.”
—Susanne K. Langer (18951985)
“One cool judgment is worth a thousand hasty counsels. The thing to do is to supply light and not heat.”
—Woodrow Wilson (18561924)