The Economy's Aggregate Supply Curve Is Drawn Under Two Main

Multiple Choice

The economy's aggregate supply curve is drawn under two main assumptions.They are

A) firms' unit costs are constant; prices of all factors of production are constant.
B) firms' unit costs are constant; the state of technology is constant.
C) firms will produce more output only if prices rise; technology improves only if prices rise.
D) the prices of all factors of production are constant; the state of technology is constant.
E) the prices of all factors of production are constant; productivity improves as the price level rises.