Multiple Choice
The aggregate supply curve illustrates that the
A) higher the price level,the greater the quantity of real GDP supplied.
B) higher the price level,the smaller the quantity of real GDP supplied.
C) aggregate demand curve is not needed to determine the aggregate price level.
D) price level does not affect the quantity of real GDP supplied.
E) amount of potential GDP increases when the price level rises.
Correct Answer:

Verified
Correct Answer:
Verified
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