aggregate supply and aggregate demand.

In this and the next few videos we're going to be studying something called

We're going to think about aggregate demand and aggregate, I'll rewrite the word, aggregate supply.

We don't know what we're talking about.

KIO data supply error.

Jolt, electrify!

Chain

You could have things like supply shocks.

Let's think about ourselves as grape farmers and I'll make a little supply schedule right over here

So let me just say population.

Now let's think about what happens with the number of suppliers.

Take up any slack in the Cable and Zip Tie it near the Receptacle

And I had this captured market. You didn't need contracts.

And this is kind of e con 101,

Cows provide us with milk.

The newspaper supplies news.

There are abundant food supplies.

And US manufacturers are following the same course.

There are challenges. There are challenges.

That's Scenario A.

You were supplying it to them.

Maybe to facilitate a laboratory?

Certificate chain

So we can just plot these points these are specific points on the supply curve.

The city supplied food for the children.

Right here we're talking in microeconomic terms, but then if we think about aggregate supply and demand, so this is aggregate, so this is, let me write aggregate, aggregate right over here, this is price, this is real GDP, this is our aggregate demand, aggregate, aggregate demand.

Supply is relative to demand.

Cows supply milk.

That's the tip of a ballpoint pen.

That is the Eastern hub.

I'm sure some of you out there are economists, and you know all about supply and demand.

Well, that's just a cosine of at, right?

My chain came off.

And this one is... this is pretty common sense the more people that are supplying, the higher the supply would be.

But the net effect of more utilization, and more investment is going to be an increase in supply. is going to be an increase in supply.

Water was supplied from outside.

But especially in the short term, there could be other causes of price inflation.

If markets are one of the main showcases of the Solidarity Economy,

The European Union ETS is the main marketplace.

We start labeling information for the fact percentage?

And then more people buy.

That's Scenario B.

Soylent controls the food supply for half the world.

What we have here is something I just learned called the law of supply and demand.

I understand the concept of supply and demand.