Definition of aggregate supply

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Gender pay gap

80% of UK companies and public sectors organisations pay women less than men.

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Aggregate supply

Aggregate supply is the total output produced by an economy's firms over a period of time. In the short run, aggregate supply responds positively to changes in the price level. In the long run, the price level is less relevant, and factor productivity determines the level of aggregate supply.

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WTO rules

What exactly is the 'most favoured nation' rule?

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Model agencies collude to fix rates

Regulators find leading model agencies guilty of price fixing.

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Customs unions

Costs and benefits of customs unions.

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New materials

Multiple choice papers for Paper Three.

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Savings ratio

Savings ratio falls to lowest level on record.

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