1 aggregate supply curve shows the relationship between the


1. Aggregate Supply curve shows the relationship between the price level and the real GDP supplied in an economy.

  • Under what circumstances the AS curve will have a flat segment?
  • When an economy has a vertical AS curve?
  • The AS curve is upward sloping in the intermediate region between the horizontal and the vertical segments. What kind of macroeconomic conditions give rise to the upward sloping range?

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Basic Computer Science: 1 aggregate supply curve shows the relationship between the
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