The slope of the immediate-short-run aggregate supply curve is based on the assumption that
A) both input and output prices are fixed.
B) neither input nor output prices are fixed.
C) input prices are flexible but output prices are fixed.
D) input prices are fixed but output prices are flexible.Difficulty: 01 Easy
Correct Answer:
Verified
Q150: The short-run aggregate supply curve
A)becomes flatter at
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Q156: The short-run version of aggregate supply assumes
Q157: The long-run aggregate supply curve is
A)upward-sloping and
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A)
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A) vertical.
B)
Q215: The version of aggregate supply that allows
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