2.3.1 - The Characteristics of Aggregate Supply (AS) Flashcards
1
Q
What is Aggregate Supply?
A
- Total prod. capacity of the economy.
- Sum of all the individual supply curves for particular goods.
2
Q
A
3
Q
A
3
Q
A
4
Q
A
5
Q
A
5
Q
A
6
Q
A
7
Q
A
8
Q
A
9
Q
A
10
Q
A
11
Q
A
11
Q
A
12
Q
A
12
Q
A
