The total supply of goods and services available to a particular market from producers.
the aim of the tax changes is to stimulate the supply side of the economy and therefore boost aggregate supply
Example sentencesExamples
While the aggregate supply of land is inelastic, the output from land is not, even though it is subject to diminishing returns.
The aggregate supply of new public high-yield bond defaults, measured in anticipated market values, is therefore $7 billion for 2000 and $24 billion for the next three years combined.
The US Federal Reserve moves further to bring aggregate supply and aggregate demand back toward equilibrium.
If the economy produces faster than it consumes, or if aggregate supply (investment) rises faster than aggregate demand (consumption), then overall prices will fall rather than rise.
If aggregate demand is strong and aggregate supply is having difficulty keeping up then it provides businesses with the opportunity to increase prices.
Definition of aggregate supply in US English:
aggregate supply
noun
Economics
The total supply of goods and services available to a particular market from producers.
the aim of the tax changes is to stimulate the supply side of the economy and therefore boost aggregate supply
Example sentencesExamples
If aggregate demand is strong and aggregate supply is having difficulty keeping up then it provides businesses with the opportunity to increase prices.
If the economy produces faster than it consumes, or if aggregate supply (investment) rises faster than aggregate demand (consumption), then overall prices will fall rather than rise.
The aggregate supply of new public high-yield bond defaults, measured in anticipated market values, is therefore $7 billion for 2000 and $24 billion for the next three years combined.
The US Federal Reserve moves further to bring aggregate supply and aggregate demand back toward equilibrium.
While the aggregate supply of land is inelastic, the output from land is not, even though it is subject to diminishing returns.