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Aggregate demand and Aggregate supply curve?

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Answer:

The aggregate demand curve show what consumers are willing to buy at a given price level, whereas the aggregate supply curve shows what producers are willing to produce at a given price level.

First answer by Kathory. Last edit by Kathory. Contributor trust: 7 [recommend contributor ]. Question popularity: 1 [recommend question].

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Relevant answers:

What does aggregate demand curve shows?
the inverse relationship between price level and RGDP demanded
Why aggregate supply curve is vertical?
Aggregate supply curve in the long run is vertical. This is because in the long run, wages and other input prices rise and fall to coordinate with the price level. Therefore, price level will not...
Aggregate demand curve?
a graphed line showing the relationship between the aggregate quantity demanded and the average of all prices as measured by the implicit GDP price deflator.
What is the aggregate supply curve?
A graphical relationship of the total amount of final goods and services that suppliers are willing and able to produce at a given price level.
Shift in the aggregate demand curve?
Remember that aggregate demand is composed of consumer spending, investment spending, government spending, and net export spending. Many things affect consumer spending. The main things are consumer...