Examlex
The normal balance of an account is the increase side of the account.
Production
The process of combining various material inputs and immaterial inputs (plans, know-how) in order to make something for consumption (the output).
Keynes
refers to John Maynard Keynes, a British economist whose theories on the causes of prolonged unemployment and recommendations for government intervention in economies to stimulate demand and control inflation have had a significant influence on modern macroeconomics.
Aggregate Supply
The total supply of goods and services that firms in a national economy plan to sell during a specific time period.
Aggregate Demand
The total demand for goods and services within an economy at a given time and price level.
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