Actually, we're going to start with aggregate demand and then start talking about aggregate supply.

We can go buy that house.

And then our short run aggregate supply might look something like this, aggregate supply in the short run.

Supplies cannot keep up with the demand.

So these are two different levers, two different tools that have been used in governments all around the world to shift aggregate demand one way or another or attempt to shift aggregate demand one way or the other.

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

Because you're creating artificial demand.

Most of those funds are associated with adolescents and particularly adults who are severely disabled, individuals who need wraparound services services that are very, very intensive.

If we talk about an actual quantity, we should say the quantity demanded.

When we hold everything else equal, we're moving along a given demand curve.

We're a fullservice private practice.

His first wife was very educated.

Our first learning algorithm will be linear regression.

So, it would shift the demand curve to the right or it would increase demand.

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

See, I'm doing a piece on buildings in L.A., and we'd just like some general information, if you could.

But it wasn't always bad.

Or another way to think of it is, is this entire demand curve.

Over that period you are going to double your demand.

Overall

And so, for any given price point, the demand would increase.

Let me write that in green.

Scenario E, I raise it to 10.

If we lower the price of a product, that will raise the quantity demanded of that product.

Why, the total potential here must be nothing less than astronomical.

At least the trip wasn't a total disaster.

There has been an explosive increase in the demand for labor.

Total number of elements

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.

So much for my general intention in favour of matrimony. Now, as to my particular choice

The supply demand balance is tight.

They decide to sell their house.

WRlTING Demand goes up.

There is more people that have money in their pockets.

So let's just think about their hypothetical demand curves right now

When everything else is equal and you're only changing price, you're not changing demand.

Even the new Jack 2 field in the gulf of Mexico would only supply a few months of domestic demand.

That's how they create value, is by slamming things together.

So this right over here.

And so essentially, it will shift, it will change the entire demand curve.

I'd rather have than just getting more of this thing right over here

So, income goes up, then that increases demand.

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

This is the total numbers of cupcakes all of the factories in the market can produce.

This column let me put my price.