aggregate supply in a sentence
Examples
- In the neoclassical viewpoint, the real factors that determine output and unemployment affect the aggregate supply curve only.
- However, real aggregate supply does constrain.
- In economists'jargon, a rise in the oil price produces a downward shift in both aggregate supply and aggregate demand.
- The " classical aggregate supply curve " comprises a short-run aggregate supply curve and a vertical long-run aggregate supply curve.
- The " classical aggregate supply curve " comprises a short-run aggregate supply curve and a vertical long-run aggregate supply curve.
- The " classical aggregate supply curve " comprises a short-run aggregate supply curve and a vertical long-run aggregate supply curve.
- This model shows the price level and level of real output given the equilibrium in aggregate demand and aggregate supply.
- The long-run aggregate supply curve of the classical model is affected by events that affect the potential output of the economy.
- In that theory, the interaction of aggregate demand and aggregate supply determines the level of output and employment in the economy.
- The committee will need to evaluate additional information on the balance of aggregate supply and demand and conditions in financial markets.