Economy, asked by shailendrahardoi03, 8 months ago

1. What is 'aggregate supply' in macroeconomics?

Answers

Answered by SmudgeJasmine

Aggregate supply, also known as total output, is the total supply of goods and services produced within an economy at a given overall price in a given period. ... Typically, there is a positive relationship between aggregate supply and the price level.

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Answered by anilchauhan735502

Answer:

Aggregate supply, also know as total output, is the total supply of goods and services produced within an economy at a given overall price in a given period. ... Typically, there is a positive relationship between aggregate supply and the price level.

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