Blinder, Alan S.; Rudd, Jeremy B. - 2008
,
basically as the difference between the growth rates of aggregate demand and aggregate
supply.
8. On the demand side, many … influences on output and
prices into two categories: factors that influence aggregate supply (“supply shocks”) and
factors that … standard aggregate supply and demand
diagram (shown in Figure 2) in which an upward-sloping aggregate supply curve shifts …