Lucas Wedge

Lucas Wedge
The aggregate amount of loss in output for an economy that is the result of a slowdown in the growth rate of the real gross domestic product (GDP). The Lucas wedge is a visual representation of where a given economy would be in terms of economic output if there hadn't been a slowdown.

The Lucas wedge represents the costs to society because of the inefficiency in the market. This deadweight loss is a burden on society and often cannot be avoided because of economic conditions or government policy. Many economics will calculate the Lucas wedge by analyzing the difference between potential GDP and the actual figures.


Investment dictionary. . 2012.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • Wedge Antilles — Personnage de fiction apparaissant dans Star Wars Naissance 21 Origine …   Wikipédia en Français

  • Lucas Industries plc — was a famous manufacturer of components for the motor industry and aerospace industry. It was based in Birmingham, England, and quoted on the London Stock ExchangeInfobox Defunct Company company name = Lucas Industries plc company fate = Merged… …   Wikipedia

  • Wedge Antilles — Star Wars character name = Wedge Antilles caption = color = green source = position = X wing pilot, Rogue Squadron commander, Wraith Squadron commander, New Republic general (former), Supreme Commander of Corellia s armed forces (former) species …   Wikipedia

  • Lucas Oil Stadium — Infobox Stadium AID=/20080812/LOCAL18/808120377/1195/LOCAL18] caption = S. Missouri Street entrance to Lucas Oil Stadium. location = 500 South Capitol Avenue Indianapolis, Indiana 46225 coordinates = coord|39|45|36.2|N|86|9|49.7|W|type:landmark… …   Wikipedia

  • Équation diophantienne ax+by = c — L équation ax + by = c, où les coefficients a, b, et c, sont trois entiers relatifs et où les inconnues x et y sont entiers relatifs, est une des équations diophantiennes les plus simples à résoudre. Sa résolution s appuie sur l algorithme d… …   Wikipédia en Français

  • Darth Vader — Anakin Skywalker / Darth Vader Star Wars character …   Wikipedia

  • Star Wars Episode VI: Return of the Jedi — For other uses, see Return of the Jedi (disambiguation). Star Wars Episode VI: Return of the Jedi Theatrical poster by Kazuhiko Sano[1] …   Wikipedia

  • Star Wars Episode V: The Empire Strikes Back — For other uses, see The Empire Strikes Back (disambiguation). Star Wars Episode V: The Empire Strikes Back Theatrical poster by Roger Kastel[1] …   Wikipedia

  • Palpatine — / Darth Sidious Star Wars character Ian McDiarmid as Emperor Palpatine Portrayed by The Empire Strikes Back …   Wikipedia

  • Obi-Wan Kenobi — Star Wars character Alec Guinness as Obi Wan Kenobi Portrayed by Alec Guinness (Episodes IV–VI, The Star Wars Holiday Special) Bernard Behrens ( …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”