an aggregate supply curve shows the

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    Khan Academy is a nonprofit The upward-sloping aggregate supply curve—also known as the short run aggregate supply curve—shows the positive relationship

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    The Phillips curve shows the relationship between unemployment and inflation. Since its discovery by economist AW Phillips it has become an important tool.

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    Aggregate supply is the total value of goods and services produced in an economy. The aggregate supply curve shows the amount of goods that can be produced at

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  • Aggregate supplyEconomics Online

    Aggregate supply (AS) is defined as the total amount of goods and services (real output) produced and supplied by an economy s firms over a period of time.

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    The Aggregate Supply Curve The aggregate supply curve shows the relationship between a nation s overall price level and the quantity of goods and services produces

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    The aggregate supply curve depicts the quantity of real GDP that is supplied by the economy at different price levels. The reasoning used to construct the aggre

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    Macro economicsDownload as Word (i. This type of aggregate supply curve is shown by 45° line drawn against curve C I shows varying levels of aggregate

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    Macroeconomists frequently assert that "aggregate supply shocks" and "permanent shocks to output" are equivalent. Under certain structural conditions this

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  • 1.The aggregate demand curve shows the

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    What we do next is construct a graph with real GDP on the X axis and real aggregate expenditure (AE) on the Y axis. We then construct a 45 degree line which shows us

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  • Supply and demandWikipedia

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