Which of the following best describes aggregate supply?

Which of the following best describes aggregate supply?





A. The amount buyers plan to spend on output
B. A schedule showing the relationship between inputs and outputs
C. A schedule showing the trade-off between inflation and unemployment
D. A schedule indicating the level of real output that will be purchased at each possible price level
E. A schedule indicating the level of real output that will be produced at each possible price level



Answer: E


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