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

MACROECONOMICS

14th Edition

ISBN:9781337794985

Author:Baumol

Publisher:Baumol

Chapter17: The Trade-off Between Inflation And Unemploy

Section: Chapter Questions

Problem 1TY

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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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