The Steeper the Short-Run Aggregate Supply Curve

Multiple Choice

The steeper the short-run aggregate supply curve,

A) the steeper the aggregate demand curve
B) the larger the value of the spending multiplier
C) the smaller the value of the spending multiplier
D) the larger the impact of a shift in aggregate demand on the equilibrium price level
E) the larger the impact of a shift in aggregate demand on the equilibrium output level