The aggregate demand curve show what consumers are willing to
buy at a given price level, whereas the aggregate supply curve
shows what producers are willing to produce at a given price
level.
The aggregate demand curve show what consumers are willing to
buy at a given price level, whereas the aggregate supply curve
shows what producers are willing to produce at a given price
level.
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The word 'aggregate' is a noun, a verb, and an adjective.
Example uses:
Noun: The dance was an aggregate of traditional native, modern,
and lyrical forms.
Verb: If we aggregate remaining funds from completed projects we
will be able to start this one.
Adjective: With the aggregate skills of the group, we should
easily have the winning model.
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Aggregate is total limit for all claims in the year.
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a graphed line showing the relationship between the aggregate
quantity demanded and the average of all prices as measured by the
implicit GDP price deflator.
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A graphed line showing the relationship between the aggregate
quantity supplied and the average of all prices as measured by the
implicit GDP price deflator.