Multiple Choice
The slope of the aggregate supply curve shows that the ________ the price level,the ________.
A) higher;greater is the quantity of real GDP supplied
B) higher;smaller is the quantity of real GDP supplied
C) lower;greater is the quantity of real GDP supplied
D) higher;is the quantity of potential GDP supplied
E) lower;is the quantity of potential GDP supplied
Correct Answer:
Verified
Correct Answer:
Verified
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