Tag: curve

DefinitionIn microeconomics, supply and demand is an economic model of price determination in a market. It postulates that, holding all else equal, in a...

DefinitionIn economics, economic equilibrium is a state where economic forces such as supply and demand are balanced and in the absence of external influences...

DefinitionA J curve is any of a variety of J-shaped diagrams where a curve initially falls, then steeply rises above the starting point. J-Curve...

What is 'J Curve' A theory stating that a country's trade deficit will worsen initially after the depreciation of its currency because...