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Equilibrium price |
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Equilibrium priceThe price when the supply of goods matches demand.Equilibrium price Similar MatchesEquilibriumEquilibriumThe stable state of the system. See: Attractor. Balance of payments equilibriumBalance of payments equilibriumMeaningful only under a pegged exchange rate, this referred to equality of credits and debits in the balance of payments using the traditional definition of the capital account. A surplus or deficit implied changing official reserves, so that something would ultimately have to change. DisequilibriumDisequilibrium1. Inequality of supply and demand. 2. A untenable state of an economic system, from which it may be expected to change. Market equilibriumMarket equilibriumEquality of supply and demand. See equilibrium. One cone equilibriumOne cone equilibriumA free-trade equilibrium in the Heckscher-Ohlin Model in which prices are such that all goods can be produced within a single country, and there is only one diversification cone. This will arise if countries' factor endowments are sufficiently similar compared to factor intensities of industries. Contrasts with multi-cone equilibrium. Further SuggestionsTwo cone equilibriumEquilibrium rate of interest Equilibrium position Equilibrium level Computable general equilibrium Equilibrium Multi-cone equilibrium Equilibrium exchange rate Partial equilibrium Nash equilibrium General equilibrium |
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