True/False
The long-run aggregate supply curve is vertical because of the assumption that all variables are fixed in the long run.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q149: Other things equal, when the U.S. aggregate
Q150: If the economy shown in the figure
Q151: Assume that Macroland starts in long-run equilibrium
Q152: The idea behind the spending multiplier is
Q153: In macroeconomics, the long run is<br>A) a
Q155: The proportion of additional income that consumers
Q156: Which set of events clearly would lead
Q157: In the short run, the aggregate supply
Q158: According to Keynes, what determines the level
Q159: Which factor will cause the aggregate demand