Multiple Choice
The horizontal segment of the aggregate supply curve:
A) shows that real GDP can increase only by affecting the economy's price level.
B) shows that real GDP can increase without affecting the economy's price level.
C) depicts a positive relationship between real GDP and the price level.
D) depicts a negative relationship between real GDP and the price level.
E) marks the full-employment level of real GDP.
Correct Answer:
Verified
Correct Answer:
Verified
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