-The curve labeled A in the above figure is
A) an aggregate demand curve.
B) a short-run aggregate supply curve.
C) a production possibilities curve.
D) a long-run aggregate supply curve.

Question

-The curve labeled A in the above figure is
A) an aggregate demand curve. 
B) a short-run aggregate supply curve. 
C) a production possibilities curve. 
D) a long-run aggregate supply curve.

Quizplus · Accepted Answer

The curve labeled A is an aggregate demand curve because it shows the relationship between the price level and the quantity of goods and services demanded in the economy.

-The Curve Labeled a in the Above Figure Is