Examlex
Reduction means
Aggregate Supply
The total supply of goods and services that firms in a national economy plan on selling during a specific time period.
Aggregate-Demand Curve
A graph that shows the relationship between the overall price level and the total demand for goods and services in an economy.
Money Supply
The total of all monetary assets within an economy at a specific instant, comprising cash, coins, and balances in checking and savings.
Long-Run Aggregate-Supply
is the total supply of goods and services that a country's economy can produce over time when all inputs are used to their full potential.
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