Meaning Aggregate supply curve
What does Aggregate supply curve mean? Here you find 6 meanings of the word Aggregate supply curve. You can also add a definition of Aggregate supply curve yourself
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Aggregate supply curveA graphical representation of the relation between real production and the price level, holding all ceteris paribus aggregate supply determinants constant. There are actually two separate aggregate su [..]
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Aggregate supply curveDefinition Analogous to the supply curve, a theoretical graph showing the aggregate supply at different price levels.
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Aggregate supply curveA graphical depiction of the amounts of real output (gross domestic product or GDP) that businesses will choose to produce at each possible price level.
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Aggregate supply curveIn macroeconomic theory the short run aggregate supply curve relates the total quantity of goods and services supplied and the price level (as measured by the GDP deflator) ceteris paribus. The long r [..]
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Aggregate supply curvea curve relating the total supply of the economy's goods and services at each price level, given the level of wages. Allocative Efficiency :
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Aggregate supply curvea curve relating the total supply of the economy's goods and services at each price level, given the level of wages
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| << Aggregate expenditure | Automatic stabilizer >> |
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