Multiple Choice
In the extended analysis of aggregate supply, the short-run aggregate supply curve is
A) vertical and the long-run aggregate supply curve is horizontal.
B) horizontal and the long-run aggregate supply curve is vertical.
C) upsloping and the long-run aggregate supply curve is vertical.
D) horizontal and the long-run aggregate supply curve is upsloping.
Correct Answer:
Verified
Correct Answer:
Verified
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