What Does Aggregate Supply Reflect

question 50

Multiple Choice

What does aggregate supply reflect?

• A) It reflects billions of production decisions made by millions of individual resource suppliers and firms in the economy.
• B) It reflects billions of production decisions made by millions of individual households in the economy.
• C) It shows the relation between the interest rate and the quantity of capital goods firms supply.
• D) It shows the relation between investment and the quantity of capital goods firms supply.
• E) It shows an inverse relationship between the price level and real GDP.

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