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What does Aggregate Supply mean?

The total supply of goods and services produced within an economy at a given price level.

Aggregate Supply in a sentence
Technological advancements can increase the long-run aggregate supply.

Aggregate Supply in German, French, Spanish and Italian

German
Gesamtangebot

Das Gesamtangebot an Gütern in einer Volkswirtschaft.

French
Offre agrégée
also Offre globale

Offre totale de biens et services dans une économie.

Spanish
Oferta agregada

Producción total que las empresas están dispuestas a vender.

Italian
Offerta aggregata

Produzione totale di beni e servizi in un'economia.

Common phrases with Aggregate Supply

  • increase aggregate supply
  • long-run aggregate supply
  • total supply aggregate supply

Synonyms and opposites for Aggregate Supply

More Economics terms

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Aggregate Supply is filed under