Multiple Choice
The short-run aggregate supply curve:
A) has the same slope as the LRAS.
B) shifts only when the LRAS shifts in the same direction.
C) normally slopes upward to the right because the costs of labor and other inputs are relatively fixed in the short run.
D) normally has a slope of zero, meaning the curve is horizontal.
Correct Answer:
Verified
Correct Answer:
Verified
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