Westonci.ca is your go-to source for answers, with a community ready to provide accurate and timely information. Discover comprehensive answers to your questions from knowledgeable professionals on our user-friendly platform. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.
Sagot :
The change in inventories, a component of the aggregate supply, comprises roughly 0.5% of GDP. The total amount of merchandise that businesses will produce and sell is known as aggregate supply, or real GDP. The positive association between price level and real GDP in the short run is demonstrated by the upward-sloping.
The aggregate supply curve, also known as the short run aggregate supply curve. The total amount of products and services produced in a given economy is shown as the aggregate supply. If the factor prices dropped, for instance, aggregate supply would increase as a result of the determinant.
To learn more about aggregate supply, click here.
https://brainly.com/question/15874992
#SPJ4
We appreciate your time. Please come back anytime for the latest information and answers to your questions. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.
