aggregate supply

基本解釋

Aggregate supply and demand shocks in different stages of business cycle have different mechanisms.
經(jīng)濟周期不同階段中總供給和總需求沖擊具有不同的作用機制。
But inflation would result only if monetisation boosted aggregate demand enough to exceed aggregate supply.
但是只有在貨幣化所促進總需求超過總供給時通貨緊縮才會有最終有結果。
Why would fiscal policy be effective where the economy is relatively distant from potential output but not in an economy where aggregate supply curve is steep?
為什么當經(jīng)濟相對遠離潛在產(chǎn)出時，而不是在一個經(jīng)濟體在總供給曲線是陡峭的時候財政政策才是有效的？

They consider inflation's principal determinants to be the gap between aggregate supply and demand and the public's expectations.
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The problem in the Keynesian prescription is not a shortage of aggregate demand, but surprisingly a shortage of aggregate supply.
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Or the stock of money has risen, while aggregate supply remains idle.
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