Multiple Choice
The long-run aggregate supply curve is
A) horizontal at the full-employment level of real Gross Domestic Product (GDP) .
B) vertical at the full-employment level of real Gross Domestic Product (GDP) .
C) sloping upward due to the effects of price level changes on real Gross Domestic Product (GDP) .
D) the same as the short run aggregate supply (SRAS) curve.
Correct Answer:
Verified
Correct Answer:
Verified
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