The long-run aggregate supply is called:
A)potential output
B)full-employment output
C)natural rate of output
D)all of the above

Name: The long-run aggregate supply is called: A)potential output B)full-employment output C)natural rate of output D)all of the above
Brand: Quizplus
Rating: 4.9 (40 reviews)

Question

Quizplus · Accepted Answer

All of the above options (potential output, full-employment output, and natural rate of output) are synonyms for the long-run aggregate supply, so the correct answer is D.

The Long-Run Aggregate Supply Is Called