aggregate supply and aggregate demand.

Remember, there's a difference between book value and market value.

The market value could be very different.

The market value equity of 1.5 billion.

But anyway, Vikram had entered the market, and now I calculated here aggregate capacity.

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

So it really depends on the market value.

Ben has actually done a good job of saying the market value of his inventory, the market value of his equipment.

But this is the market value of the assets.

That would have been the market value per share.

It's market value. Just like in a sushi shop.

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 aggregate demand goes up huge and all of the cupcakes in the market get sold out.

And this is the market value of the equity, what the market thinks the equity's worth.

The market value tends to be the best representation of the true value of something.

Ethiopia's domestic market is about one billion dollars of value.

So the market cap, or what the market perceives the value of this equity is, the market capitalization, is these two numbers.

But the market value or assets is essentially, what is the market saying the assets are worth?

And then, that gets you to the market value the equity.

The aggregate numbers are overwhelming.

This is the aggregate demand.

But when the market value, or the market cap, is below the book equity, that's the market just saying, hey we're calling your bluff.

So the market value of this avocado is 1 and the market value of this orange is 0.5, then by producing this fruit the market value, the GDP has increased by 0.50 by producing this avocado it's GDP has increased by 1.

They just look purely at the equity value or the market capitalization.

Which implicitly means that the market value of this asset is 210,000.

That's the situation where the market price is above the book value.

But in this case our market cap is below our book value.

So, 'aggregate', what happens in aggregate to an economy, from the millions of individual actors.

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

So that 1.5 billion value of these CDOs, the market value of these CDOs, is not truly accurate.

The aggregate numbers are absolutely overwhelming

So aggregate capacity will go on.

If this is the market value so let's say this is the stock price, or the market stock price I'd be skeptical of paying two times the book value.

And then it figures out, what is the market value of your home?

We're willing to say that the market value of your equity is 210,000.

I think that's what I wanted a write here, market value of equity.

And we feel that over the next five years, if Ethiopia can capture even 40 percent, just 40 percent, of the domestic market, and add just 25 percent value to that market, the value of the market doubles.

There are smart ways to buy them and to aggregate that purchasing power to bring very efficient vehicles into the market faster.

By applying the same price to earnings, we're saying that the market value of this equity is 210,000, while the market value of this equity is what was it? 189,000.

Let's say that the market value we talked before that the book value per share of this company is 5.

About each attribute and then aggregate those.

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

So when you look online at the way people aggregate, they don't aggregate around age, gender and income.

So the first one I'd like to parce is the idea of market value.

Nothing really happened, but the market value has dropped by 200,000 for whatever reason.