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Match the term with the correct definition.

Aggregate supply    Combination of the overall price and quantity at which neither buyers or sellers wish to change their purchases sales, or price       

Equilibrium              Real GDP         

Aggregate demand   Price Level

What everyone in economy would buy at different aggregate price levels

How much out put the economy will produce at different levels; upward sloping

Nominal GDP

Microeconomics, Economics

  • Category:- Microeconomics
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