Multiple Choice
Which of the following explains why the aggregate supply curve is generally upward sloping?
A) When real output decreases, per-unit production costs tend to increase.
B) When aggregate demand shifts rightward, aggregate supply also always shifts rightward as well.
C) When real output increases, per-unit production costs decrease.
D) When real output increases, per-unit production costs increase as well.
Correct Answer:

Verified
Correct Answer:
Verified
Q52: A nation experiences internal balance if it
Q53: At the _, the Group-of-Five nations agreed
Q54: Suppose Brazil has a fixed exchange rate,
Q55: Historically, most nations generally considered _ as
Q56: Which policy is an example of an
Q58: Exhibit 15.1<br><br>At the Plaza Accord of 1985,
Q59: All of the following are obstacles to
Q60: Suppose a central bank prevents a depreciation
Q61: A system of floating exchange rates and
Q62: Currency devaluation and revaluation are considered to