Aggregate channels explained the asymmetry from the view of aggregate demand and aggregate supply, including the real balance effect, supply-side shocks and income transfers.

“总量效应”主要从总需求和总供给的角度来解释油价波动对经济的影响，主要包括“实际余额效应”、“供给冲击假说”和“收入转移假说”。

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The real shock to the economic cycle can be reflected by contradictions between the aggregate supply and aggregate demand.

实际冲击对经济周期产生的影响可以通过总供给与总需求的矛盾表现出来。

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Econometric models generally have a short-aggregate supply component with fixed prices, and aggregate demand portion, and a potential output component.

计量经济学模式一般有短期的总供给的组成部分：固定的物价，总需求的一部分，和一个潜在的产出组成部分。

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When coupled with progress in the housing industry and resilient consumer demand these are key elements in shaping the profile of aggregate demand and supply in the US as well as pinpointing the improved efficiency in the allocation of resources.

FORBES: Manufacturing Is Moving America

They assign less importance to the gap between aggregate demand and supply in determining inflation, and more importance to the stance of monetary policy.

ECONOMIST: Ignore the hawkish rhetoric. The Fed isn��t about to tighten

They consider inflation's principal determinants to be the gap between aggregate supply and demand and the public's expectations.

ECONOMIST: Ignore the hawkish rhetoric. The Fed isn��t about to tighten