Multiple Choice
The relationship between sticky input prices and flexible output prices explains the
A) positive slope of the short-run aggregate supply curve.
B) vertical slope of the long-run aggregate supply curve.
C) negative slope of the short-run aggregate supply curve.
D) negative slope of the aggregate demand curve.
E) positive slope of both the short-run and long-run aggregate supply curves.
Correct Answer:

Verified
Correct Answer:
Verified
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