Concept
Version 5
Created by Boundless
Moving from Short-Run to Long-Run
Aggregate Supply
This graph shows the relationship between aggregate supply and aggregate demand in the short-run. The curve is upward sloping and shows a positive correlation between the price level and output.
Source
Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:
"Aggregate Demand-Aggregate Supply."
http://commons.wikimedia.org/wiki/File:Aggregate_Demand-Aggregate_Supply.jpg
Wikimedia
Public domain.