Home > Terms > Armenian (HY) > ընդհանուր հավասարակշռություն
ընդհանուր հավասարակշռություն
Economic perfection. This is when demand and supply are in balance (the market is in equilibrium) for each and every good and service in the economy. Nobody thinks that real-world economies can ever be that perfect; at best there is "partial equilibrium". But most economists think that general equilibrium is something worth aspiring to.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy
- Category: Economics
- Company: The Economist
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Contributor
Featured blossaries
Lidia Cámara
0
Terms
2
Blossaries
0
Followers
Collaborative Lexicography
Category: Languages 1 1 Terms
Browers Terms By Category
- Bread(293)
- Cookies(91)
- Pastries(81)
- Cakes(69)
Baked goods(534) Terms
- Capacitors(290)
- Resistors(152)
- Switches(102)
- LCD Panels(47)
- Power sources(7)
- Connectors(7)
Electronic components(619) Terms
- Medicine(68317)
- Cancer treatment(5553)
- Diseases(4078)
- Genetic disorders(1982)
- Managed care(1521)
- Optometry(1202)
Health care(89875) Terms
- General law(5868)
- Contracts(640)
- Patent & trademark(449)
- Legal(214)
- US law(77)
- European law(75)
Law(7373) Terms
- Journalism(537)
- Newspaper(79)
- Investigative journalism(44)