Multiple Choice
Which of the following provides an accurate description regarding the slope of the short-run aggregate supply curve?
A) The negative slope of the short-run aggregate supply curve is flatter the more flexible prices are or steeper the more rigid prices are.
B) The negative slope of the short-run aggregate supply curve is steeper the more flexible prices are or flatter the more rigid prices are.
C) The positive slope of the short-run aggregate supply curve is flatter the more flexible prices are or steeper the more rigid prices are.
D) The positive slope of the short-run aggregate supply curve is steeper the more flexible prices are or flatter the more rigid prices are.
Correct Answer:
Verified
Correct Answer:
Verified
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