- aggregate supply curve
- aggregate supply curve ECON Gesamtangebotskurve f
Englisch-Deutsch Fachwörterbuch der Wirtschaft . 2013.
aggregate supply curve
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Aggregate supply — In economics, aggregate supply is the total supply of goods and services produced by a national economy during a specific time period. There are at least three different versions of this concept.1. Sometimes the Z curve in the Keynesian cross… … Wikipedia
Aggregate Supply — The total supply of goods and services produced within an economy at a given overall price level in a given time period. It is represented by the aggregate supply curve, which describes the relationship between price levels and the quantity of… … Investment dictionary
Lucas aggregate supply function — The Lucas aggregate supply function or Lucas surprise supply function, based on the Lucas imperfect information model, is a representation of aggregate supply based on the work of new classical economist Robert Lucas. The model states that… … Wikipedia
Backward bending supply curve of labour — This supply curve shows how the change in real wage rates affects the amount of hours worked by employees.Referring to the graph, if real wages were to increase from W1 to W2 then the worker will obtain a greater utility, due to their higher… … Wikipedia
Supply shock — A supply shock is an event that suddenly changes the price of a commodity or service. It may be caused by a sudden increase or decrease in the supply of a particular good. This sudden change affects the equilibrium price. A negative supply shock… … Wikipedia
Supply-side economics — is an arguably heterodox school of macroeconomic thought that argues that economic growth can be most effectively created using incentives for people to produce (supply) goods and services, such as adjusting income tax and capital gains tax rates … Wikipedia
Supply and demand — For other uses, see Supply and demand (disambiguation). The price P of a product is determined by a balance between production at each price (supply S) and the desires of those with purchasing power at each price (demand D). The diagram shows a… … Wikipedia
Aggregate demand — This article is about a concept in macroeconomics. For microeconomic demand aggregated over consumers, see Demand curve. In macroeconomics, aggregate demand (AD) is the total demand for final goods and services in the economy (Y) at a given time… … Wikipedia
Supply Shock — An unexpected event that changes the supply of a product or commodity, resulting in a sudden change in its price. Supply shocks can be negative (decreased supply) or positive (increased supply); however, they are almost always negative and rarely … Investment dictionary
Phillips curve — The Phillips curve is a historical inverse relation between the rate of unemployment and the rate of inflation in an economy. Stated simply, the lower the unemployment in an economy, the higher the rate of increase in wages paid to labor in that… … Wikipedia
supply and demand — Relationship between the quantity of a commodity that producers have available for sale and the quantity that consumers are willing and able to buy. Demand depends on the price of the commodity, the prices of related commodities, and consumers… … Universalium
