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  3. Study Set
    Principles of Macroeconomics Study Set 12
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    Exam 11: The Determination of Aggregate Output, the Price Level, and the Interest Rate
  5. Question
    Since Aggregate Supply Is the Total Supply of All Goods
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Since Aggregate Supply Is the Total Supply of All Goods

Question 103

Question 103

True/False

Since aggregate supply is the total supply of all goods and services in the economy, the aggregate supply curve is the sum of the individual supply curves for each of these goods and services.

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