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Old 08-03-2011, 11:00 AM   #104
Antisdill
 
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Default Latest issues in Barrow in Furness

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ceiling price (D4, L5)<br />Maximum price set under a system of price control. If, as is often the case, this price (OC in the figure) is less than the market equilibrium price OE, there will be excess demand MN and some need for rationing to allocate goods.

freezing assets/an account (K2)<br />Making the owner of an asset or a depositor unable to use or transfer the amounts deposited with a financial institution because of a court or other order against the order. The assets become ILLIQUID.

neutrality of money (E4)<br />A money supply able to affect the price level but not real output and employment. This view of money is challenged by NEOKEYNESIAN economists, who argue that an increase in the money supply, by causing a shift in the LM curve, will bring down interest rates and increase real output.<br /><em>See also:</em> classical dichotomy
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