Which of the following correctly expresses why the short-run aggregate-supply curve slopes upward?
A)
B)
C)
D)
Correct Answer:
Verified
Q46: People had been expecting the price level
Q53: The sticky-price theory of the short-run aggregate
Q66: Assuming that a is positive,theories of short-run
Q68: Other things the same,if the price level
Q69: If the actual price level is 165,but
Q70: If the price level is higher than
Q71: The mathematical equation: quantity of output supplied
Q73: Other things the same,the aggregate quantity of
Q77: When the actual change in the price
Q78: The misperceptions theory of the short-run aggregate
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