The aggregate _____ curve shows the amount of output that firms are willing to produce at various price levels.
A) expenditures
B) supply
C) demand
D) spending

Question

Quizplus · Accepted Answer

The aggregate supply curve illustrates the total amount of real output that firms produce in an economy at different price levels. It shows the relationship between the price level and the amount of output that firms are willing and able to supply, holding all other factors constant.

The Aggregate _____ Curve Shows the Amount of Output That