Multiple Choice
A curve showing the direct relationship between the overall price level and the level of real output supplied, ceteris paribus, in response to changes in the demand before full adjustment of relative prices has taken place is called the
A) long-run aggregate supply curve.
B) short-run aggregate supply curve.
C) aggregate supply curve.
D) aggregate demand curve.
Correct Answer:
Verified
Correct Answer:
Verified
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