Aggregate supply is the total value of goods or services in a market, sector or economy. Aggregate supply is used to show the amount of goods that can be produced at different price levels in a given ...

For economists trying to measure the health of an economy, there are a number of similar sounding but slightly different concepts that can confuse those without a background in macroeconomics. Two of ...

The total amount of real goods and services that the enterprises in an economy are willing to provide at any given ratio of prices to wages. This can be increased by increasing productivity in a given ...