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DEFCON. The defense readiness condition (DEFCON) is an alert state used by the United States Armed Forces. [1][2] For security reasons, the US military does not announce a DEFCON level to the public. [1] The DEFCON system was developed by the Joint Chiefs of Staff (JCS) and unified and specified combatant commands. [3]
The AD–AS or aggregate demand–aggregate supply model (also known as the aggregate supply–aggregate demand or AS–AD model) is a widely used macroeconomic model that explains short-run and long-run economic changes through the relationship of aggregate demand (AD) and aggregate supply (AS) in a diagram. It coexists in an older and static ...
Macroeconomics. Production and national income: Macroeconomics takes a big-picture view of the entire economy, including examining the roles of, and relationships between, firms, households and governments, and the different types of markets, such as the financial market and the labour market. Macroeconomics is a branch of economics that deals ...
In economics, the long-run is a theoretical concept in which all markets are in equilibrium, and all prices and quantities have fully adjusted and are in equilibrium. The long-run contrasts with the short-run, in which there are some constraints and markets are not fully in equilibrium. More specifically, in microeconomics there are no fixed ...
In economics, economic equilibrium is a situation in which economic forces such as supply and demand are balanced and in the absence of external influences the (equilibrium) values of economic variables will not change. For example, in the standard text perfect competition, equilibrium occurs at the point at which quantity demanded and quantity ...
DEF CON (also written as DEFCON, Defcon or DC) is a hacker convention held annually in Las Vegas, Nevada.The first DEF CON took place in June 1993 and today many attendees at DEF CON include computer security professionals, journalists, lawyers, federal government employees, security researchers, students, and hackers with a general interest in software, computer architecture, hardware ...
The velocity of money provides another perspective on money demand.Given the nominal flow of transactions using money, if the interest rate on alternative financial assets is high, people will not want to hold much money relative to the quantity of their transactions—they try to exchange it fast for goods or other financial assets, and money is said to "burn a hole in their pocket" and ...
The Nolan Chart in its traditional form. The Nolan Chart is a political spectrum diagram created by American libertarian activist David Nolan in 1969, charting political views along two axes, representing economic freedom and personal freedom.