The short-run aggregate supply shows the amount of real GDP that will be
A) made available at various price levels.
B) purchased at various price levels.
C) purchased at various national income levels.
D) made available at various national income levels.

Question

Quizplus · Accepted Answer

The short-run aggregate supply curve shows the total amount of output (real GDP) that firms will produce and sell at different price levels in the short run. It represents the relationship between the overall level of prices in the economy and the quantity of goods and services that firms are willing and able to produce and supply in the short run.

The Short-Run Aggregate Supply Shows the Amount of Real GDP