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The Short-Run Aggregate Supply Curve

100,924 views

Marginal Revolution University

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

88%
  • 8:09 / 9:12

Speech Rate:

  • 147 wpm - Conversational

Category:

  • Education

Tags :

Intro:

Video Vocabulary

prediction

/prəˈdikSH(ə)n/

noun

thing predicted.

believe

/bəˈlēv/

verb

feel sure something is true.

dynamic

/dīˈnamik/

adjective noun

characterized by constant change, activity, or progress. force stimulating change or progress.

increase
noun verb

rise in size, amount, or degree of something. become or make greater in size or degree.

immediately

/iˈmēdēətlē/

adverb conjunction

at once. as soon as.

business

/ˈbiznəs/

noun

A company formed for making profit.

previous

/ˈprēvēəs/

adjective

existing or occurring before in time or order.

spending

/spend/

verb

pay out money in buying or hiring goods or services.

aggregate
adjective noun verb

forming total. A sum total amount of something. To gather, involve or combine into a single group.

quantity

/ˈkwän(t)ədē/

noun

Amount or number of something.

factors

/ˈfaktər/

noun other verb

something that contributes to result. Some things that influences a result. To consider or include in an estimate or judgment.

changes

/CHānj/

noun other verb

act or process bringing change. Exchanges of one set of clothes for another. To make or become something else.

inflation

/inˈflāSH(ə)n/

noun

Act of filling something with air or gas.

fundamental

/ˌfəndəˈmen(t)əl/

adjective noun

forming base or core. (Music) the lowest note in a harmony.

decrease
noun verb

instance of becoming smaller or fewer. make or become smaller or fewer.

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