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WhatsApp: +86 18221755073Aggregate supply refers to the total supply of final goods and services produced by companies that they plan to sell at a certain price within a specific time. It can be contrasted by simple...
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WhatsApp: +86 18221755073Question: According to the short-run aggregate supply curve, when the rises, the quantity of aggregate output q, rises.aggregate price level; suppliedprofit per unit of output; demandedaggregate price level; demandedinterest rate; supplied
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WhatsApp: +86 18221755073Aggregate supply. Aggregate supply (AS) is defined as the total amount of goods and services (real output) produced and supplied by an economy's firms over a period of time. It includes the supply of a number of types of goods and services including private consumer goods, capital goods, public and merit goods and goods for overseas markets.
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WhatsApp: +86 18221755073Aggregate supply is the total value of goods and services produced in an economy. The aggregate supply curve shows the amount of goods that can be produced at different price levels. When the economy reaches its level of full capacity (full employment – when the economy is on the production possibility frontier) the aggregate supply curve ...
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