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 |
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03:30 | ANZ Jobs Advertisements | Jun | |
07:00 | Leading Indicators | May | |
08:00 | Industrial Production | May | |
09:00 | Foreign Currency Reserves | Jun | |
10:30 | Sentix Investor Confidence | Jul | |
11:00 | Retail Sales | May | |
01:50 | Bank Lending | Jun | |
01:50 | Current Account | May | |
03:30 | NAB Business Confidence | Jun |