twj81403
contestada

The aggregate supply curve represents a relationship between
A) a nation's GDP and GNP.
B) aggregate supply and aggregate demand.
C) the aggregate price level and the aggregate quantity supplied.
D) the aggregate price level and the aggregate quantity demanded.

Respuesta :

C I HOPE THIS HELPED

The correct answer is "A".

The Aggregate Supply Curve is the total quantity of products and services companies will produce in a determined country during a specified period of time. This is also known as the "real GDP" (Gross Domestic Product). GNP can be calculated based on the information given in the Aggregate Supply Curve by adding the net income from foreign investments the government of a country has made during the same specified period of time than that of the real GDP.