You searched for: “aggregate
aggregate (s) (noun), aggregates (pl)
Sum: total:The aggregate is the total of some measured element, or elements, of the economy.
This entry is located in the following unit: Economical, Business, and Financial Terms + (page 1)
aggregate (s) (noun), aggregates (pl)
A mixture of several materials; for example, aggregates of gravel, natural sand, and crushed stone are used for making concrete.
This entry is located in the following unit: Technical Science and Engineering (page 1)
The entire quantity or total collection of different elements all together. (1)
Word Entries containing the term: “aggregate
aggregate demand (s) (noun phrase), aggregate demands (pl)
The total spending on goods and services by all sectors, including consumers, business, government, and foreign: When taxes rise, the result is a reduction in the aggregate demand, particularly in vehicles and durable items.
This entry is located in the following unit: Economical, Business, and Financial Terms + (page 1)
aggregate equilibrium (s) (noun phrase), aggregate equilibriums; aggregate equilibria (pl)
A macroeconomic situation in which national demand for goods and services equals a national supply of goods and services: The economy in anggregate equilibrium operates in full employment and and variation in aggregate demand can only lead to the change in the level of prices, not to a change in the output.
This entry is located in the following unit: Economical, Business, and Financial Terms + (page 1)