Multiple Choice
The point where the long-run aggregate supply curve intersects the horizontal axis is:
A) the point that reflects the economy's actual output
B) the point that reflects the economy's actual output.
C) the economy's potential output
D) the economy's potential output.
E) the level of real GDP the economy would produce if all prices were flexible and wages were fixed
F) the level of real GDP the economy would produce if all prices were flexible and wages were fixed.
G) impossible to attain
H) impossible to attain.
Correct Answer:

Verified
Correct Answer:
Verified
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