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BLS: The abbreviation for the Bureau of Labor Statistics, an agency of the U.S. Federal government, specifically a branch of the U.S. Department of Labor, 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 BLS are the unemployment rate (and related measures) and the Consumer Price Index (and related measures). Economists rely heavily on the BLS to provide data needed to evaluate and analyze the macroeconomy.
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AGGREGATE MARKET ANALYSIS An investigation of macroeconomic phenomena, including unemployment, inflation, business cycles, and stabilization policies, using the aggregate market interaction between aggregate demand, short-run aggregate supply, and long-run aggregate supply. Aggregate market analysis, also termed AS-AD analysis, has been the primary method of macroeconomic analysis since replacing Keynesian economics in the 1980s. Like most economic analysis, aggregate market analysis employs comparative statics, the technique of comparing the equilibrium after a shock with the equilibrium before a shock.
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BLACK DISMALAPOD [What's This?]
Today, you are likely to spend a great deal of time watching infomercials seeking to buy either an electric coffee pot with automatic shutoff or a brown leather attache case. Be on the lookout for crowded shopping malls. Your Complete Scope
This isn't me! What am I?
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Rosemary, long associated with remembrance, was worn as wreaths by students in ancient Greece during exams.
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"The time to repair the roof is when the sun is shining." -- John F. Kennedy, 35th U. S. president
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ACIR Advisory Council on Intergovernmental Relations
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