Which of the following groups of economists think that aggregate supply is vertical in the long run?
A)Real business cycle
B)New Keynesian
C)New classical
D)All of the above

Question

Quizplus · Accepted Answer

All of the groups mentioned - Real Business Cycle, New Keynesian, and New Classical economists - believe that in the long run, aggregate supply is vertical. This reflects the idea that in the long run, the economy's output is determined by factors such as technology and resources, rather than by the price level.

Which of the Following Groups of Economists Think That Aggregate