Multiple Choice
The economy's aggregate supply (AS) curve shows the relationship between the
A) equilibrium real GDP and marginal cost.
B) equilibrium real GDP and desired consumption.
C) price level and the marginal propensity to consume (MPC) .
D) price level and the total output that firms wish to produce and sell,with technology and input prices held constant.
E) price level and the total output that firms wish to produce and sell,as technology and input prices vary.
Correct Answer:

Verified
Correct Answer:
Verified
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