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AD-AS ANALYSIS: An economic model relating the price level and real production that is used to analyze business cycles, gross domestic product, unemployment, inflation, stabilization policies, and related macroeconomic phenomena. The AS-AD model, inspired by the standard market model, captures the interaction between aggregate demand (the buyers) and short-run and long-run aggregate supply (the sellers).

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BANK ASSETS

What a bank owns, including loans, reserves, investment securities, and physical assets. Bank assets are typically listed on the left-hand side of a bank's balance sheet. Bank liabilities, what a bank owes, are listed on the right-hand side of a bank's balance sheet. Net worth is the difference between assets and liabilities. The largest asset category of most bank is loans, which generates interest revenue. A critical asset category used to maintain the safety of deposits is reserves (vault cash and Federal Reserve deposits).

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BROWN PRAGMATOX
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Today, you are likely to spend a great deal of time looking for a downtown retail store wanting to buy either a green fountain pen or a handcrafted bird house. Be on the lookout for broken fingernail clippers.
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This isn't me! What am I?

John Maynard Keynes was born the same year Karl Marx died.
"The way to gain a good reputation is to endeavor to be what you desire to appear. "

-- Socrates, philosopher

BAE
Bureau of Agricultural Economics
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