In the Extended Aggregate Demand-Aggregate Supply Model

Multiple Choice

In the extended aggregate demand-aggregate supply model,

A) long-run equilibrium occurs wherever the aggregate demand curve intersects the short-run aggregate supply curve.
B) the long-run aggregate supply curve is horizontal.
C) the level of real output is the same in the long run regardless of the location of the aggregate demand curve.
D) the short-run aggregate supply curve is downsloping.