The short run aggregate supply curve is
A)positively sloped in both Keynesian and the classical models.
B)positively sloped in the Keynesian model,but horizontal in the classical model.
C)positively sloped in the classical model,but horizontal in the Keynesian model.
D)horizontal in both Keynesian and the classical models.

Question

Quizplus · Accepted Answer

In both the Keynesian and classical models, the short-run aggregate supply curve is positively sloped, indicating that as prices increase, the quantity of goods and services supplied also increases.

The Short Run Aggregate Supply Curve Is