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steposvetlana [31]
2 years ago
8

the relationship between the price level and the total quantity of output or real gdp firms will produce to sell is known as

Business
1 answer:
ss7ja [257]2 years ago
8 0

Answer:

Aggregate supply

<h3>Explanation:</h3>
  • Aggregate supply is the total quantity of output firms will produce and sell—in other words, the real GDP.
  • The upward-sloping aggregate supply curve—also known as the short-run aggregate supply curve—shows the positive relationship between the price level and real GDP in the short run.
  • the lower the price level, the higher the real GDP or real national output.

To learn more about aggregate supply, refer

to brainly.com/question/24448358

#SPJ4

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The correct answer is E; job structure and pay level.

Further Explanation:

Each company has different jobs and pay for their employees. Many workers start a job at entry level positions and will rise higher in the company the more time they are there.

Each job will pay differently and each job will have different levels of pay. This is how the pay structure is established in large companies. State and Federal government jobs always operate on a pay structure such as this.

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