-In the above figure, curve A is the ________ curve, curve B is the ________ curve, and curve C is the________ curve.
A)short- run aggregate supply; long- run aggregate supply; aggregate demand
B)long- run aggregate supply; aggregate demand; short- run aggregate supply
C)long- run aggregate supply; short- run aggregate supply; aggregate demand
D)aggregate demand; short- run aggregate supply; long- run aggregate supply

Question

-In the above figure, curve A is the ________ curve, curve B is the ________ curve, and curve C is the________ curve.
A)short- run aggregate supply; long- run aggregate supply; aggregate demand 
B)long- run aggregate supply; aggregate demand; short- run aggregate supply 
C)long- run aggregate supply; short- run aggregate supply; aggregate demand 
D)aggregate demand; short- run aggregate supply; long- run aggregate supply

Quizplus · Accepted Answer

In typical economic models, the long-run aggregate supply curve is vertical, the short-run aggregate supply curve is upward sloping, and the aggregate demand curve is downward sloping.

-In the Above Figure, Curve a Is the ________ Curve