The Law Dictionary

Featuring Black’s Law Dictionary Free Online Legal Dictionary 2nd Ed.


The total amount spent on final goods and services. In an open economy this is generally considered to be the sum of consumption, investment, government spending, and net exports. See also AGGREGATE SUPPLY.


Nothing implied or stated on this page should be construed to be legal, tax, or professional advice. The Law Dictionary is not a law firm and this page should not be interpreted as creating an attorney-client or legal adviser relationship. For questions regarding your specific situation, please consult a qualified attorney.