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Investments glossary

Aggregate Supply

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Quotes of the day:

Chains are chains even if made of gold, they just tie you.

— Patrick Mahony

Aggregate supply, also known as total output, is the total supply of goods and services produced within an economy at a given overall price in a given period. It is represented by the aggregate supply curve, which describes the relationship between price levels and the quantity of output that firms are willing to provide. Typically, there is a positive relationship between aggregate supply and the price level.

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