tailieunhanh - Economic Indicators MARCH 2012: Prepared for the Joint Economic Committee by the Council of Economic Advisers

Economists use the term equilibrium in the same way as the word is used in physics, to represent a steady state in which opposing forces are balanced, so that the current state of the system tends to persist. In the context of supply and demand, equilibrium refers to a condition where the pressure for higher prices is exactly balanced by a pressure for lower prices, and thus that the current state of exchange between buyers and sellers can be expected to persist. When the price is such that the quantity supplied of a good or service exceeds the. | 112th Congress 2nd Session Economic Indicators MARCH 2012 Includes data available as of April 6 2012 Prepared for the Joint Economic Committee by the Council of Economic Advisers UNITED STATES GOVERNMENT PRINTING OFFICE WASHINGTON 2012 AUTHENTICATED . GOVERNMENT INFORMATION s GPO JOINT ECONOMIC COMMITTEE Created pursuant to Sec. 5 a of Public Law 304 79th Cong. Robert P. Casey JR. Pennsylvania Chairman Kevin Brady Texas Vice Chairman Senate House of Representatives Jeff Bingaman New Mexico Amy Klobuchar Minnesota Jim Webb Virginia Mark R. Warner Virginia Bernard Sanders Vermont Jim DeMint South Carolina Dan Coats Indiana Mike Lee Utah Pat Toomey Pennsylvania Michael C. Burgess . Texas John Campbell California Sean P. Duffy Wisconsin Justin Amash Michigan Mick Mulvaney South Carolina Maurice D. Hinchey New York Carolyn B. Maloney New York Loretta Sanchez California Elijah E. Cummings Maryland William E. Hansen Executive Director COUNCIL OF ECONOMIC ADVISERS Alan B. Krueger Chairman Katharine G. Abraham Member Carl Shapiro Member Public Law 120 81st Congress Chapter 237 1st Session JOINT RESOLUTION . Res. 55 To print the monthly publication entitled Economic Indicators Resolved by the Senate and House of Representatives of the United States of America in Congress assembled That the Joint Economic Committee be authorized to issue a monthly publication entitled Economic Indicators and that a sufficient quantity be printed to furnish one copy to each Member of Congress the Secretary and the Sergeant at Arms of the Senate the Clerk Sergeant at Arms and Doorkeeper of the House of Representatives two copies to the libraries of the Senate and House and the Congressional Library seven hundred copies to the Joint Economic Committee and the required numbers of copies to the Superintendent of Documents for distribution to depository libraries and that the Superintendent of Documents be authorized to have copies printed for sale to the public. Approved June 23 1949. .