contestada

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.

Respuesta :

The aswer is: A.

Aggregate supply is best described as the total output of a product.
It is the total amount of goods and services that companies can sell depending on a particular level of price and particular amount of time. Its position is usually shown on the the aggregate supply curve, which in supposed to reflect the relationship between price levels and the quantity of output that companies are about to provide.


A) total output of a product

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