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What is 'Aggregate Supply' in Macroeconomics? - Economics

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प्रश्न

Define aggregate supply?

What is 'aggregate supply' in macroeconomics?

उत्तर १

Aggregate supply means the total production of goods and services in the country at a given level of employment during the year.

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उत्तर २

Aggregate Supply refers to the aggregate production planned by all the producers during an accounting year. 
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2014-2015 (March) Delhi Set 1

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