| Dictionary: sup·ply-side |
| 5min Related Video: supply-side |
| Political Dictionary: supply side |
The side of an economy which determines how many goods are supplied at any given price. The supply side interacts with the demand side to produce an exact price and quantity at which the market exactly clears, with neither shortages of goods nor unplanned surpluses of them. (Neo)classical economists believe that most markets do clear in practice if the right political institutions exist; other schools including Keynesians and Marxists disagree. ‘Supply-side policies’ denote policies designed to make markets less sticky and more liable to clear. For instance, neoclassicists argue that the market for labour is often sticky because institutions such as national wage bargaining and statutory minimum wages prevent some bargains from being struck which, left to themselves, a worker with low earning potential and an employer seeking such a worker would strike. ‘Loosening the supply side’ means removing restrictions of this sort. Those who are opposed to it politically call it by less neutral names.
| Translations: Supply-side |
Nederlands (Dutch)
economische theorie
Français (French)
adj. - de l'offre
Deutsch (German)
adj. - angebotsseitig
Ελληνική (Greek)
adj. - που αφορά την προσφορά
Português (Portuguese)
adj. - do lado da oferta
Español (Spanish)
adj. - de oferta, de incentivos a la oferta
Svenska (Swedish)
adj. - tillgångssidan
中文(简体)(Chinese (Simplified))
供应经济学政策的
中文(繁體)(Chinese (Traditional))
adj. - 供應經濟學政策的
日本語 (Japanese)
adj. - サプライサイド理論の
العربيه (Arabic)
(صفه) الجانب المزود
עברית (Hebrew)
adj. - מצד ההיצע (כלכלה), מדיניות של מיסוי נמוך וצעדים אחרים לעידוד ייצור והשקעות
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Copyrights:
![]() | Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2009. Published by Houghton Mifflin Company. All rights reserved. Read more | |
![]() | Political Dictionary. The Concise Oxford Dictionary of Politics. Copyright © 1996, 2003 by Oxford University Press. All rights reserved. Read more | |
![]() | Translations. Copyright © 2007, WizCom Technologies Ltd. All rights reserved. Read more |
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