Business, 07.05.2020 10:59 roseemariehunter12

When the price level rises from 110 to 115, the aggregate level of GDP supplied rises from $80 billion to $120 billion. This relationship represents the relationship between the quantity of real GDP firms are willing to supply and the price level.

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When the price level rises from 110 to 115, the aggregate level of GDP supplied rises from $80 billi...