Market Clearing

In economics, market clearing refers to either

  1. a simplifying assumption made by the new classical school that markets always go to where the quantity supplied equals the quantity demanded; or
  2. the process of getting there via price adjustment.

Read more about Market Clearing:  On Market Clearing

Famous quotes containing the words market and/or clearing:

    “I refuse to be. In
    the madhouse of the inhuman
    I refuse to live.
    With the wolves of the market place
    I refuse to howl ...”
    —Marina Tsvetaeva (1892–1941)

    “We should conserve evil just as we should conserve the forests. It is true that by thinning and clearing the forests the earth grew warmer.”
    —Friedrich Nietzsche (1844–1900)