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BEA: The abbreviation for the Bureau of Economic Analysis, which is an agency of the U.S. Federal government, specifically a branch of the U.S. Department of Commerce, that compiles and reports a wide range of economic data and measurements. At the top of their list of important economic numbers maintained by the BEA, is the National Income and Product Accounts, which includes gross domestic product and the broad assortment of related measures of income and production. Economists rely heavily on the BEA to provide data needed to evaluate and analyze the macroeconomy.
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WAGES, AGGREGATE SUPPLY DETERMINANT One of several specific aggregate supply determinants assumed constant when the short-run aggregate supply curve is constructed, and that shifts the short-run aggregate supply curve when it changes. An increase in the wages causes a decrease (leftward shift) of the short-run aggregate supply curve. A decrease in the wages causes an increase (rightward shift) of the short-run aggregate supply curve. Other notable aggregate supply determinants include the technology, energy prices, and the capital stock. Wages are an example of a resource price aggregate supply determinant.
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PINK FADFLY
[What's This?]
Today, you are likely to spend a great deal of time watching infomercials seeking to buy either a packet of address labels large enough for addresses of both the sender and the recipient or a key chain with a built-in flashlight and panic button. Be on the lookout for a thesaurus filled with typos.
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Before 1933, the U.S. dime was legal as payment only in transactions of $10 or less.
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"Do something wonderful; people may imitate it. " -- Albert Schweitzer, theologian, physician
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RBC
Real Business Cycle
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