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DOMESTIC SECTOR: The combination of the households, businesses, and governments of a particular nation that undertake consumption and production activity within the political boundaries of that nation. The key point of contrast with the domestic sector is the foreign sector, activity beyond the political boundaries of a nation.
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AGGREGATE MARKET SHOCKS Disruptions of the equilibrium in the aggregate market (or AS-AD model) caused by shifts of the aggregate demand, short-run aggregate supply, or long-run aggregate supply curves. Shocks of the aggregate market are associated with, and thus used to analyze, assorted macroeconomic phenomena such as business cycles, unemployment, inflation, stabilization policies, and economic growth. The specific analysis of aggregate market shocks identifies changes in the price level (GDP price deflator) and real production (real GDP). Changes in the price level and real production have direct implications for the unemployment rate, the inflation rate, national income, and a host of other macroeconomic measures.
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A half gallon milk jug holds about $50 in pennies.
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"Nothing so conclusively proves a man's ability to lead others as what he does from day to day to lead himself." -- Thomas J. Watson, IBM founder
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SOFFEX
Swiss Options and Financial Futures Exchange
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