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 |
|---|---|---|---|
| 11:00 | Ifo Business Climate Index | Jan | |
| 11:00 | Ifo Current Assessment | Jan | |
| 11:00 | IFO - Expectations | Jan | |
| 15:30 | Durable Goods Orders | Nov | |
| 16:00 | NBB Business Climate | Jan | |
| 01:50 | Corporate Service Price Index | Dec | |
| 02:01 | BRC Shop Price Index | Jan | |
| 02:30 | NAB Business Confidence | Dec | |
| 04:00 | Credit Card Spending | Dec |
