Multiple Choice
Which of the following is true about the Keynesian aggregate supply (AS) curve?
A) The short-run AS is flat,but the long-run AS is vertical.
B) The short-run AS is upward sloping but the long-run AS is flat.
C) The short-run AS is upward sloping but the long-run AS is vertical.
D) The short-run and the long-run AS are upward sloping.
Correct Answer:

Verified
Correct Answer:
Verified
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