Multiple Choice
Which of the following is a difference between the short-run aggregate supply curve and the long-run aggregate supply curve?
A) The short-run aggregate supply curve is vertical, while the long-run aggregate supply curve is downward sloping.
B) The short-run aggregate supply curve is upward sloping, while the long-run aggregate supply curve is vertical.
C) The short-run aggregate supply curve is vertical, while the long-run aggregate supply curve is upward sloping.
D) The short-run aggregate supply curve is horizontal, while the long-run aggregate supply curve is vertical.
E) The short-run aggregate supply curve is downward sloping, while the long-run aggregate supply curve is vertical.
Correct Answer:

Verified
Correct Answer:
Verified
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