Other Things Constant, What Relationship Is Expressed by Aggregate Supply

question 107

Multiple Choice

Other things constant, what relationship is expressed by aggregate supply?  

• A) the relationship between the price level in the economy and the aggregate output that firms will produce 
• B) the relationship between the price level and the aggregate amount that people will buy at that price level 
• C) the relationship between the price level and the potential amount of output 
• D) the relationship between the quantity of output that will be produced and that which will be sold in a one-year period

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