
Home > Terms > Macedonian (MK) > Пигу ефект
Пигу ефект
Named after Arthur Pigou (1877–1959), a sort of wealth effect resulting from deflation. A fall in the price level increases the real value of people’s savings, making them feel wealthier and thus causing them to spend more. This increase in demand can lead to higher employment.
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
Industry/Domain: Tourism & hospitality Category: Tourist attractions
Меденица
Највисок врв на планината Бистра, со висина од 2163 метри. Познат по изобилие на планински чај, кој најчесто се наоѓа на висорамнината под самиот ...
Contributor
Featured blossaries
marija.horvat
0
Terms
21
Blossaries
2
Followers
The strangest food from around the world
Category: Food 1
26 Terms


Browers Terms By Category
- Alcohol & Hydroxybenzene & Ether(29)
- Pigments(13)
- Organic acids(4)
- Intermediates(1)
Organic chemicals(47) Terms
- Health insurance(1657)
- Medicare & Medicaid(969)
- Life insurance(359)
- General insurance(50)
- Commercial insurance(4)
- Travel insurance(1)
Insurance(3040) Terms
- Biochemistry(4818)
- Genetic engineering(2618)
- Biomedical(4)
- Green biotechnology(4)
- Blue biotechnology(1)
Biotechnology(7445) Terms
- Dictionaries(81869)
- Encyclopedias(14625)
- Slang(5701)
- Idioms(2187)
- General language(831)
- Linguistics(739)
Language(108024) Terms
- Bridge(5007)
- Plumbing(1082)
- Carpentry(559)
- Architecture(556)
- Flooring(503)
- Home remodeling(421)