Multiple Choice
If the prices of inputs changes, what will happen to the aggregate supply curve?
A) It does not move but the economy moves along the curve.
B) It depends on whether the input prices rise or fall.
C) The curve will become flatter or steeper depending on whether the input prices rise or fall.
D) It shifts inward or outward depending on whether the input prices rise or fall.
Correct Answer:
Verified
Correct Answer:
Verified
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