Aggregate supply, Microeconomics

Aggregate Supply

When referred to in the circumstance of GNP or GDP, aggregate supply refers to the labor and capital needs to proceeds the level of products and services needs to meet aggregate demand.

Posted Date: 10/15/2012 2:18:32 AM | Location : United States







Related Discussions:- Aggregate supply, Assignment Help, Ask Question on Aggregate supply, Get Answer, Expert's Help, Aggregate supply Discussions

Write discussion on Aggregate supply
Your posts are moderated
Related Questions
Cropping Pattern Over Time: The dominance of food crops and among food crops that of rice and wheat only states the existing cropping patterns. It is important to study the tr

hoe does the knowledge of price elasticity of demand important to the government

What are the differences between the IS-LM model and the Keynesian model?  The 'simple' Keynesian model is a simplified model to exemplify Keynes's idea about the equilibrium i

Explain how Keynesian economics views the role of markets and government intervention in fighting business cycles. Keynesian economics believes markets frequently fail and gov

suppose, as in the federal income tax code for the united states, that the representative consumer faces a wage income tax with a standard deduction. That is the representative con


Explain the link between the rate of interest and inflation. Interest can be explained as the price of money - more expensive money will lead to few loans, higher saving and as


explain graphically Equilibrium of a multi product firm

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4