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Aggregate supply is best described as the total output of a product. point of equilibrium. nation’s real gross domestic product. excess supply in the market.

Victoria Fowler

in Business

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Ralph Lopez on September 30, 2018

The answer is: A. the Aggregate supply is best described as the total production of a product. Is the total amount of goods and services that the companies can sell at a particular price level and a given amount of time. Your position is generally shown in the aggregate supply curve, which should reflect the relationship between price levels and the quantity of output that businesses are about to provide.


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