The aggregate supply curve is the total quantity of
A)raw materials offered for sale at different prices.
B)final goods and services offered for sale at the current price level.
C)final goods and services offered for sale at different price levels.
D)intermediate and final goods and service offered for sale at different price levels.

Question

Quizplus · Accepted Answer

The aggregate supply curve represents the total quantity of final goods and services offered for sale at different price levels. It is not limited to raw materials or intermediate goods, but rather encompasses all goods and services produced in the economy.

The Aggregate Supply Curve Is the Total Quantity of