You searched for: “equilibrium
equilibrium
The state of balance between opposing forces or effects.

When forces balance each other they are said to be in equilibrium.

This entry is located in the following unit: Measurements and Mathematics Terms (page 6)
Word Entries containing the term: “equilibrium
aggregate equilibrium (s) (noun phrase), aggregate equilibriums; aggregate equilibria (pl)
A macroeconomic situation in which national demand for goods and services equals a national supply of goods and services: The economy in anggregate equilibrium operates in full employment and and variation in aggregate demand can only lead to the change in the level of prices, not to a change in the output.
This entry is located in the following unit: Economical, Business, and Financial Terms + (page 1)