-The curve labelled A in the above figure is a
A)short- run aggregate supply curve.
B)long- run aggregate demand curve.
C)long- run aggregate supply curve.
D)short- run aggregate demand curve.

Question

-The curve labelled A in the above figure is a
A)short- run aggregate supply curve. 
B)long- run aggregate demand curve. 
C)long- run aggregate supply curve. 
D)short- run aggregate demand curve.

Quizplus · Accepted Answer

The long-run aggregate supply curve is typically represented as a vertical line, indicating that in the long run, the total output of an economy is determined by factors such as technology and resources, and is not affected by the price level.

-The Curve Labelled a in the Above Figure Is a