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You searched for: label/market-clearing prices

Tariffs and Trade

…willing to accept hypothetical higher prices i(just as they claim to be willing to accept cuts in government expenditures), but the reality of higher prices (or spending cuts) may produce…

Updating the Jobs Report

prices, but prices continue to rise. Blame Trump’s tariffs. Prices for wholesalers rose at the fastest pace in three years in July, and those wholesale prices are now being passed on to…

About That, er, Monetary Expansion…

…definition. GDP=GDP, as it were. P = Price Level. This is slightly more difficult conceptually, because we aren’t going to include everything. But if we assume (short-term) that the “market