Examlex
Which of the following is an input to MRP?
Aggregate Supply
The total supply of goods and services available to a particular market from producers at different price levels in a given period.
Aggregate Demand
The total requisition of goods and services in an economic setting, valued at a consistent price level and for a particular duration.
Full-Employment Equilibrium
A scenario where all accessible labor resources are utilized in the most economically effective manner.
Aggregate Supply (AS) Curve
A graphical representation in economics that shows the total supply of goods and services that firms in an economy are willing to produce at a given price level in a given period.
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