Aggregate supply is affected by technology, labor market changes, and prices. Factors that affect aggregate demand include income, exchange rates, and inflation expectations.

In 2020, the COVID-19 pandemic caused reductions in both aggregate supply and production, and aggregate demand or spending. As aggregate demand fell, businesses either laid off part of their ...

The paper attempts to firstly, build aggregate demand and supply curves for the non-agricultural sector of the Indian economy. Secondly, use these to briefly analyze demand and supply shocks, ...

We estimate and analyze the impact of multiple aggregate demand and aggregate supply shocks in a small macroeconomic model of the economy. The analysis serves two purposes. First, we assess the ...

India's central bank said on Monday that the second wave of the COVID-19 pandemic in India has had a bigger impact on aggregate demand than on aggregate supply, and it believes the economic ...