Answered: Aggregate supply grows over time…

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Economics

Aggregate supply grows over time because of growing consumer and government spending. True or False

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter8: Macroeconomic Equilibrium: Aggregate Demand And Supply

Section: Chapter Questions

Problem 2E

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Aggregate supply grows over time because of growing consumer and government spending.

True

False

Definition Definition Total supply of goods and services in an economy at a certain price level in a specific time period.

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