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Definition of Excess Supply
A situation in which supply exceeds demand.
The absence of equilibrium. Disequilibrium implies excess demand or excess supply and pressure for change.
A firm that reacts to excess supply or excess demand by adjusting price rather than quantity. Contrast with quantity adjuster.
Ease with which prices adjust in response to excess supply or demand.
A firm that reacts to excess supply or excess demand by adjusting quantity rather than price. Contrast with price adjuster.
Ease with which wages adjust in response to excess supply or demand.
Total quantity of goods and services supplied.
Combinations of price level and income for which the labor market is in equilibrium. The short-run aggregate supply curve incorporates information and price/wage inflexibilities in the labor market, whereas the long-run aggregate supply curve does not.
What a company collected when it sold stock for more than the par value per share.
Amounts in excess of the par value or stated value that have been paid by the public to acquire stock in the company; synonymous with additional paid-in capital.
Revenue recognized to date under the percentage-of-completion method in excess of amounts billed. Also known as unbilled accounts
Unused production capacity.
A situation in which demand exceeds supply.
Any excess of actual reserves above required reserves.
Reserves of commercial banks in excess of those they are legally required to hold.
The difference between the return on the market portfolio and the
Also called abnormal returns, returns in excess of those required by some asset pricing model.
The amount of securities believed to be available for immediate purchase, that is, in the
M1-A: Currency plus demand deposits
Raw material supply agreement
As used in connection with project financing, an agreement to furnish a
Real Money Supply
Money supply expressed in base-year dollars, calculated by dividing the money supply by a price index.
An amount made available for sale, always associated with a given price.
the cooperative strategic planning,
n event that influences production capacity and costs in an economy.
View that incentives to work, save, and invest play an important role in determining economic activity by affecting the supply side of the economy.
New muni bond issues scheduled to come to market within the next 30 days.
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