menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics for Business
  4. Exam
    Exam 13: Inflation, Output and Economic Policy
  5. Question
    The Long Run Aggregate Supply Curve Shows That Prices Are
Solved

The Long Run Aggregate Supply Curve Shows That Prices Are

Question 36

Question 36

True/False

The long run aggregate supply curve shows that prices are constant at any level of output, and is therefore horizontal.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q31: Consider an economy that is in short-run

Q32: Which of the following groups of economists

Q33: In which of the following cases is

Q34: The actual GDP for an economy is:<br>A)

Q35: In the long run, _ the level

Q37: In which of the following cases can

Q38: According to the short-run Phillips curve, an

Q39: If wage growth is greater than inflation,

Q40: Which of the following is likely to

Q41: The UK in?ation target is _.<br>A) 0.5

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines