Aggregate-demand externality

From CNM Wiki
Jump to: navigation, search

Aggregate-demand externality is the macroeconomic impact of one firm's price adjustment on the demand for all other firms' products.

Definition

According to Macroeconomics by Mankiw (7th edition),

Aggregate-demand externality. The macroeconomic impact of one firm's price adjustment on the demand for all other firms' products.
Retrieved from "https://pravka.bskol.com/w/index.php?title=Aggregate-demand_externality&oldid=50130"