Economic Lacks of Balance and the Policies of Adjusting to the Shocks of Aggregated Demand and Offer
Maria Măcriş and
Ana Petrina Stanciu
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Maria Măcriş: University of Petroşani, Romania
Ana Petrina Stanciu: University of Petroşani, Romania
Annals of the University of Petrosani, Economics, 2009, vol. 9, issue 4, 37-42
Abstract:
The paper draws out an analysis of the manners of adjusting economy to a shock that affects aggregated demand and offer. The adjusting manner is implemented according to specialized works on the basis of classical monetarist conceptions and Keynes’s conception. At the same time, in order to influence aggregated demand and offer monetary, fiscal, and budget policies are employed.
Keywords: aggregated demand; aggregated offer; labour market and goods and services market balance; adjustment to the values of demand and offer; unfavourable shock upon offer (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pet:annals:v:9:i:4:y:2009:p:37-42
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