The aggregate supply curve is the total quantity of
A)raw materials offered for sale at different inflation rates.
B)final goods and services offered for sale at the current inflation rate.
C)final goods and services offered for sale at different inflation rates.
D)intermediate and final goods and service offered for sale at different inflation rates.

Question

Quizplus · Accepted Answer

The aggregate supply curve represents the total quantity of final goods and services that firms in an economy are willing to sell at different price levels (inflation rates). It does not include raw materials or intermediate goods and services.

The Aggregate Supply Curve Is the Total Quantity of