Multiple Choice
An adjustment "asymmetry" in aggregate supply is
A) the concave shape of the AS curve.
B) the convex shape of the AS curve.
C) the difference in speed of a rightward shift versus a leftward shift (when wages adjust to output gaps) .
D) the difference in speed of increases in factor prices versus wage rates (when wages adjust to output gaps) .
E) the difference in speed of decreases in output levels.
Correct Answer:

Verified
Correct Answer:
Verified
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