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You are here: Home / Potpourri / Economics 101: Aggregate Production

Economics 101: Aggregate Production

Economics 101: Aggregate Production

[This is part of the series: The Complete Guide To Economics 101.]

What is aggregate production?

Aggregate Production is the amount of both goods and services produced in all parts of a particular economy.

Visually, this is often shown as a 45-degree line showing the 1-1 trade-off between real income and real production.

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Filed Under: PotpourriTagged With: #Economics101

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