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CONSIDERATION ON THE CONTRIBUTION OF THE AGGREGATE SUPPLY TO THE GDP IN THE ROMANIAN ECONOMY FOR THE PERIOD 2010-2015 POST CRISIS INFLUENCES

Maria Ciurea ()
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Maria Ciurea: University of Petrosani

Internal Auditing and Risk Management, 2017, vol. 47, issue 3, 31-40

Abstract: In a modern market economy, open to the exterior, the behavior of the economic entities materializes in the form of aggregate supply and demand. The objective of this paper is to analyze the contribution of the aggregate supply components to the GDP growth over the period of 2010-2015, which was strongly affected by the effects of the economic-financial crisis of the early years, as well as by the economic, social and political factors which influenced the years that followed. We considered this analysis as necessary since the GDP is the most relevant indicator used to assess the economic status of a nation at a given moment in time.

Keywords: aggregate supply; GDP; economy; progress; influences (search for similar items in EconPapers)
JEL-codes: E60 G01 O40 (search for similar items in EconPapers)
Date: 2017
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