Home > Terms > English, UK (UE) > Aggregate supply

Aggregate supply

The total supply of goods and services in an economy, including imports and exports, that is available to meet aggregate demand.

This is auto-generated content. You can help to improve it.
0
Improve it
More
Collect to Blossary

Other Languages:

More

Member comments

You have to log in to post to discussions.

Related terms

aggregate supply
Economy; Economics

Another of the concepts introduced by John Maynard Keynes that still today are used in macroeconomic theories about the determination of the overall level of employment and ...

aggregate supply
Politics; Political Science

The total supply of goods and services in an economy, including imports and exports, that is available to meet aggregate demand.

aggregate supply
Financial services; General Finance

Total supply of goods and services in the economy available to meet aggregate demand. The supply consists of domestically produced goods and imports.

aggregate supply
Economy; International economics

A schedule (or graph) that shows the value of output (real GdP) that would be produced at different price levels. In the long run, the schedule shows a constant level of real GdP ...

aggregate-supply curve
Economy; Economics

A curve that shows the quantity of goods and services that firms choose to produce and sell at any level.

aggregate-supply curve
Economy; Economics

A modification of the standard aggregate supply curve used in the aggregate market (or AD-AD) analysis to reflect the basic assumptions of Keynesian economics. The Keynesian ...

Transformational Diplomacy
Politics; Political Science

Transformational Diplomacy is a diplomacy initiative championed by former United States Secretary of State Condoleezza Rice for reinvigorating American foreign policy. Rice ...

The Wealth of Nations
Politics; Political Science

The Wealth of Nations is the magnum opus of the Scottish economist and moral philosopher Adam Smith. First published in 1776, it is a reflection on economics at the beginning of ...

deterrence
Politics; Political Science

A defense policy in which a country ensures that it has sufficient military power to deter a potential enemy from making an attack. Deterrence is fundamental to U.S. policy, and ...

devaluation
Politics; Political Science

Reduction in the value of a nation's currency in relation to other currencies. Devaluation usually takes place because of an emergency, such as a balance of payments deficit in ...

devolution
Politics; Political Science

The redistribution or delegation of political power away from a centralized body to a lower, often regional, authority.

détente
Politics; Political Science

The easing of strained relations between states. In recent history the term is applied to relations between the Soviet Union and the U.S. in the 1970s, that led to increased trade ...

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Sports Category: Football

Deflategate

Scandal with the New England Patriots, said 12 11 balls they used their 2015 AFC Championship game win against the Indianapolis Colts in the NFL well ...

Contributor

Featured blossaries

Rhetoric of the American Revolution

Category: Education   1 20 Terms

The strangest food from around the world

Category: Food   1 26 Terms

Browers Terms By Category

TERMS

SOCIAL

EXTRAS

SOLUTIONS