Aggregate supply is affected by technology, labor market changes, and prices. Factors that affect aggregate demand include income, exchange rates, and inflation expectations. The term aggregate ...
The second part of this paper argues that this belief is based on incorrect inference linking small elasticities for prime age male to small aggregate labor supply elasticities. The role of labor ...
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How Do Regular and Aggregate Supply and Demand Differ?Aggregate supply is affected by technology, labor market changes, and prices. Factors that affect aggregate demand include income, exchange rates, and inflation expectations. The term aggregate ...
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