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Aggregate supply and aggregate demand are similar to supply and demand in that prices must reach
to benefit both producers and consumers.
When long-run equilibrium is achieved, a society is using its resources
Short-term aggregate supply happens in a curve instead of a straight line, because economic changes

Aggregate demand is the gross quantity of offerings and items demanded by all completed merchandise in an economy. then again, combination supply is the full supply of services and items at a given price and in a given length.

What is the relationship between delivery and aggregate supply?

The aggregate delivery curve measures the connection between the fee stage of goods supplied to the economic system and the amount of the products provided. inside the quick run, the deliver curve in all fairness elastic, while, in the end, it is reasonably inelastic (steep).

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