AGGREGATE SUPPLY
The overall supply of goods and services made within an economy on the parameters of a given time period and a given overall price level. It is represented through an aggregate-supply curve, that describes the connection between the quantity of output that firms are willing to provide and its price levels. A positive relationship usually occur between the price level and the aggregate-supply. The increase of price usually signals businesses to produce more to meet the higher level of aggregate-demand.
May also be referred as "total output."
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:00 | Trade Balance | Apr | |
| 10:00 | Ifo Business Climate Index | May | |
| 10:00 | Ifo Current Assessment | May | |
| 10:00 | IFO - Expectations | May | |
| 12:00 | Bundesbank Monthly Report | ||
| 15:00 | NBB Business Climate | May | |
| 16:15 | BOE Deputy Governor Andrew Bailey Speaks | ||
| 16:15 | ECB board member Joachim Nagel deliver a speech | ||
| 18:00 | FOMC Member Raphael W. Bostic Speaks |
