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There is a distinction between aggregate data and individual data. Aggregate data refers to individual data that are averaged by geographic area, by year, by service agency, or by other means. [2] Individual data are disaggregated individual results and are used to conduct analyses for estimation of subgroup differences. [2]
The information is packaged into aggregate reports and then sold to businesses, as well as to local, state, and government agencies. This information can also be useful for marketing purposes. In the United States, many data brokers' activities fall under the Fair Credit Reporting Act (FCRA) which regulates consumer reporting agencies .
In economics, aggregate behavior refers to economy-wide sums of individual behavior. It involves relationships between economic aggregates such as national income, government expenditure, and aggregate demand. For example, the consumption function is a relationship between aggregate demand for consumption and aggregate disposable income.
A typical example is the aggregate production function. [2] Another famous problem is Sonnenschein-Mantel-Debreu theorem. Most of macroeconomic statements comprise this problem. Examples of aggregates in micro- and macroeconomics relative to less aggregated counterparts are: Food vs. apples; Price level and real GDP vs. the price and quantity ...
A post-Keynesian theory of aggregate demand emphasizes the role of debt, which it considers a fundamental component of aggregate demand; [7] the contribution of change in debt to aggregate demand is referred to by some as the credit impulse. [8] Aggregate demand is spending, be it on consumption, investment, or other categories. Spending is ...
Drain the swamp vs. reinventing government. There are some major differences in the efforts. Trump wants to “drain the swamp” in a punitive way and tells supporters that the government is ...
Where 'AD' is aggregate demand, 'C' is consumption, 'I' is investment, 'G' is government expenditures, 'X' is exports, and 'M' is imports. This means that any one of these components can change and affect the aggregate demand, and large individual increases in these specific components can have the short run effect of raising the overall price ...
Treasury Secretary Janet Yellen told congressional leaders on Friday that the U.S is expected to reach the debt limit on Jan. 19. Once this happens, Yellen warned that the Treasury Department "will...