Multiple Choice
An aggregate supply curve that slopes upward must be:
A) a short-run curve.
B) a long-run curve.
C) an individual firm's supply curve.
D) an individual industry's supply curve.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q40: Assuming an economy starts in long-run equilibrium,
Q41: Which of the following would likely cause
Q42: Sticky wages cause the:<br>A) short-run aggregate supply
Q43: Increases in the overall price level:<br>A) result
Q44: An economy in which output has decreased
Q46: In the macroeconomy, demand-side shifts change:<br>A) only
Q47: A positive temporary supply side shock will:<br>A)
Q48: An increase in the price level causes
Q49: Firms are willing to change the aggregate
Q50: In the macroeconomic model of aggregate supply