aggregate supply
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What is meant by Aggregate Supply.
The total supply of goods and services produced within an economy at a given overall price level in a given time period. It is represented by the aggregate-supply curve, which describes the relationship between price levels and the quantity of output that firms are willing to provide. Normally...- tejas.gaikwad.1044
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- aggregate aggregate supply meant supply
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Study on Aggregate Demand and Aggregate Supply (PPT)
Description In macroeconomics, aggregate demand (AD) is the total demand for final goods and services in the economy (Y) at a given time and price level. 12 SHORT-RUN ECONOMIC FLUCTUATIONS Aggregate Demand and Aggregate Supply Copyright © 2004 South-Western 33 Short-Run Economic...