You searched for: “aggregate equilibria
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)