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EMIGRATION: Migration that leaves one country for another country. This is the other side of immigration. While immigration is people moving into a country, emigration is people moving out. People emigrate for the same reasons they migrate in general, to improve their lot in life. Emigration can be a problem for a country that's not highly developed because those who leave are often the "best and the brightest." As such, a country that's struggling to advance often finds itself left with unskilled, uneducated labor--the poorest of the poor who can't afford to leave.
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LONG-RUN AGGREGATE SUPPLY The total (or aggregate) real production of final goods and services available in the domestic economy at a range of price levels, during a period of time in which all prices, especially wages, are flexible, and have achieved their equilibrium levels. Long-run aggregate supply, commonly abbreviated LRAS, is one of two aggregate supply alternatives, distinguished by the degree of price flexibility. The other is short-run aggregate supply. Long-run aggregate supply is combined with aggregate demand, and often short-run aggregate supply, in the long-run aggregate market (or AS-AD) analysis used to analyze economic growth, business-cycle instability, unemployment, inflation, government stabilization policies, and related macroeconomic topics.
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RED AGGRESSERINE
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Today, you are likely to spend a great deal of time watching the shopping channel looking to buy either a birthday greeting card for your grandmother or a coffee cup commemorating yesterday. Be on the lookout for slow moving vehicles with darkened windows.
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The first paper notes printed in the United States were in denominations of 1 cent, 5 cents, 25 cents, and 50 cents.
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"Don't judge each day by the harvest you reap but by the seeds that you plant. " -- Robert Louis Stephenson, writer
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AS
Aggregate Supply
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