When plotted with the aggregate price level on the vertical axis and output on the horizontal axis, the short-run aggregate supply curve (in the absence of misperceptions)
A) slopes upward.
B) slopes downward.
C) is vertical.
D) is horizontal.

Question

Quizplus · Accepted Answer

The Answer of When plotted with the aggregate price level on the vertical axis and output on the horizontal axis, the short-run aggregate supply curve (in the absence of misperceptions)
A) slopes upward.
B) slopes downward.
C) is vertical.
D) is horizontal.

When Plotted with the Aggregate Price Level on the Vertical