Equilibrium

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Equilibrium

The stable state of the system. See: Attractor.

Equilibrium

A state of stable prices brought about by the rough equality of supply and demand. This applies for consumer goods, securities, and most other goods and services.

equilibrium

a state of balance with no tendency to change. See EQUILIBRIUM MARKET PRICE, EQUILIBRIUM LEVEL OF NATIONAL INCOME, DISEQUILIBRIUM.
References in periodicals archive ?
This law definitely is going to change the methods of achieving those equilibriums.
If the government can't increase deficit spending then equilibriums break and we will have an economic crisis instead of development.
Wolman investigate the problem of multiple equilibriums under a discretionary monetary policy.
It can produce multiple equilibriums that lead to excess volatility in prices and output because of changing beliefs of private agents.
As long as every variable in the system is held constant, the system will be in equilibrium.
This equilibrium is unstable, like that of a marble poised on a mountain ridge.