Aggregate supply is the same thing as:
A) total national spending.
B) total domestic production.
C) aggregate demand.
D) a supply shock.

Question

Quizplus · Accepted Answer

Aggregate supply refers to the total amount of goods and services that all producers in the economy are willing and able to supply at a given price level. This is equivalent to total domestic production, or the total output of goods and services in the economy.

Aggregate Supply Is the Same Thing As