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If either event A or event B must occur,then events A and B are said to be
Sticky-Price Theory
A theory proposing that prices of goods do not immediately adjust to changes in economic conditions, causing economic inefficiencies.
Aggregate Demand
The grand total of all demands for goods and services within an economic sphere, established at a certain collective price level during a fixed timeframe.
Aggregate Supply
The total supply of goods and services that firms in an economy plan on selling during a specific time period, at a given price level.
Capital Stock
The total amount of physical goods and financial assets that are used in the production of goods and services in an economy.
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