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In economics, aggregate supply (AS) or domestic final supply (DFS) is the total supply of goods and services that firms in a national economy plan on selling during a specific time period. It is the total amount of goods and services that firms are willing and able to sell at a given price level in an economy. Together with aggregate demand it serves as…
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supply aggregate economy output demand supply-side level curve price run fixed capital production model labour total firms nominal wage rate
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| the nominal wage rate | instance of | The short-run AS curve is drawn given some nominal variables | 0.80 | text |
| which is assumed fixed in the short run | instance of | The short-run AS curve is drawn given some nominal variables | 0.80 | text |
| Aggregate supply | related to Analysis | There | 0.60 | section |
| Aggregate supply | related to Analysis | AS | 0.60 | section |
| Aggregate supply | related to Analysis | The | 0.60 | section |
| Aggregate supply | related to Analysis | Thus | 0.60 | section |
| Aggregate supply | related to Analysis | In | 0.60 | section |
| Aggregate supply | related to Analysis | High | 0.60 | section |
| Aggregate supply | related to Analysis | Hence | 0.60 | section |
| Aggregate supply | related to Analysis | An | 0.60 | section |
| Aggregate supply | related to Analysis | Both | 0.60 | section |
| Aggregate supply | related to Analysis | At | 0.60 | section |
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