brandjz10 brandjz10

13-11-2020
Business

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how is the aggregate supply curve for the economy related to the supply curves of individual producers?

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shadanichu shadanichu

24-11-2020

Answer:

The aggregate supply curve depicts the quantity of real GDP that is supplied by the economy at different price levels. Increases in the price level will increase the price that producers can get for their products and thus induce more output. ...

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