Answer: aggregate
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What term is used in macroeconomics to describe the total supply and the total demand?
Aggregate is used in macroeconomics to describe the total supply and the total demand.
What term is used in macroeconomics to describe the total supply and the total demand ? The term used to describe total supply and demand is aggregate. How do consumers' feelings about the economy help contribute to growth? Positive consumer attitudes influence spending habits.
4 days ago · Tue Oct 27 2015 · The aggregate demand/aggregate supply model is a model that shows what determines total supply or total demand for the economy and how total demand and total supply interact at the macroeconomic level. Aggregate supply is the total quantity of output firms will produce and sell—in other words the real GDP. What term is used in macroeconomics to describe the …
Tue Oct 27 2015 · The aggregate demand/aggregate supply model is a model that shows what determines total supply or total demand for the...
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