Asked by Ellsa Bonnell on Jun 07, 2024

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As potential real GDP is approached the aggregate supply curve becomes _________.

Real GDP

Real GDP measures the value of all final goods and services produced within a country’s borders in a specific period, adjusted for inflation.

Aggregate Supply Curve

A graphical representation that shows the total quantity of goods and services that producers in an economy are willing to supply at different price levels during a specific time period.

  • Understand the concept and significance of potential real GDP.
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SG
Sergio GaldamezJun 11, 2024
Final Answer :
steeper or more vertical