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Aggregate Supply

in macroeconomics the total amount of goods and services supply to the market at alternative price levels in a given time of. Also called total output the central concept is supply-side economics it corresponds with aggregate demand as defined as the total amount of goods and services is demanded in the economy at alternative income levels in a given. Including both consumer and producers Goods aggregate demand is also called total spending the aggregate supply curve just describes the relationship between price levels and the quantity of output that firms are willing to provide

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