Examples of using Aggregate supply in English and their translations into German
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Financial
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Medicine
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Computer
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Political
Aggregate supply in the long run.
CHART 2 AGGREGATE DEMAND AND LONG-RUN AGGREGATE SUPPLY.
Aggregate supply All ENGLISH words that begin with'A.
CHART 1 AGGREGATE DEMAND AND SHORT-RUN AGGREGATE SUPPLY.
Aggregate supply and the price level in the short run.
This means that the long-term aggregate supply curve will be vertical.
Aggregate supply and demand- the short-run equilibrium.
Deflationary pressures emerge, if aggregate demand falls or aggregate supply increases.
The short-run aggregate supply curve is therefore upward sloping.
Revenue neutrality, on the other hand, lends to restore aggregate demand in the short run,without necessarily reducing aggregate supply.
In such a situation aggregate supply is too high and aggregate demand too low compared with equilibrium.
The recommended policy would then not be an increased aggregate demand which adds to inflation,but instead a shift in aggregate supply downward by cutting costs of production.
The aggregate supply can be thought of as the combination of all the goods that firms produce: it is GNP if the government is ignored.
After two years of successful pioneering work in the fieldof requirements management, a young startup company was faced with the challenge of creating a market-driven aggregate supply for customers.
If the aggregate supply curve is vertical, changes in aggregate demand will affect prices but not output.
It basically consists of identifying risks to price stability in theshort to medium term by analysing the interplay between aggregate supply and aggregate demand in the economy.
Regarding aggregate supply, we can see that increases in the prices of production factors, such as wages, or increases in oil prices will lead to a shift to the left in aggregate supply. .
At the same time, the lower prices will raise real wages(as nominal wages are fixed in the short run) and- as real wages represent a cost factor for firms-they will cut back production and tend to lower aggregate supply.
The chart below illustrates aggregate supply(AS) and aggregate demand(AD), with the price level on the vertical axis and real output on the horizontal axis.