What is the slope of the long-run aggregate supply curve?
A)negative slope
B)steep but positive slope
C)vertical slope
D)flat slope

Question

Quizplus · Accepted Answer

The long-run aggregate supply curve is typically drawn as vertical, indicating that it is not affected by changes in prices and that the economy's potential output is constant in the long run. Therefore, the slope of the long-run aggregate supply curve is considered to be vertical, or 0 in mathematical terms.

What Is the Slope of the Long-Run Aggregate Supply Curve