Multiple Choice
Aggregate supply is the:
A) total quantity of the production of all the households in the economy.
B) total quantity of goods and services demanded in the economy.
C) market value of the total quantity of goods and services demanded in the economy.
D) market value of the total quantity of goods and services supplied in the economy.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: An increase in the education level inside
Q2: In general, changes in the price level
Q3: Higher interest rates make it:<br>A) more expensive
Q6: A temporary decrease in the price of
Q7: The phrase "sticky prices" refers to the
Q8: In the long run, a year-long drought
Q9: In the long run, if the prices
Q11: Because the price level shares a negative
Q63: When the U.S. price level decreases relative
Q96: Consumption:<br>A) is a major component of aggregate