Aggregate supply is:
A) the real GDP that firms will produce at varying price levels.
B) the total supply over a span of several years.
C) the amount of goods, but not services, firms supply at various price levels.
D) the amount of output that is sold at each price level.
Correct Answer:
Verified
Q63: The long-run aggregate supply curve is vertical
Q112: Aggregate supply increases when:
A) input prices rise.
B)
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A) is vertical
A)
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