The short-run aggregate supply (SRAS)curve shows the quantity
A) demanded of all goods and services at different price levels,ceteris paribus.
B) supplied of all goods and services at a particular price level,ceteris paribus.
C) supplied of all goods and services at different price levels,ceteris paribus.
D) supplied of GDP at a particular price level,ceteris paribus.

Question

Quizplus · Accepted Answer

The SRAS curve represents the total quantity of goods and services that firms in an economy are willing to supply at different price levels in the short run, holding all other factors constant (ceteris paribus).

The Short-Run Aggregate Supply (SRAS)curve Shows the Quantity