The short-run aggregate supply curve:
A)Becomes steeper the further into the future it goes and eventually becomes vertical.
B)Becomes flatter the further into the future it goes and eventually becomes horizontal.
C)Becomes steeper the further into the future it goes, but never becomes vertical.
D)Becomes flatter the further into the future it goes, but never becomes horizontal.

Question

Quizplus · Accepted Answer

In the short run, the aggregate supply curve is upward sloping. As time progresses into the long run, it becomes vertical, reflecting that output is at its natural level and is not affected by the price level.

The Short-Run Aggregate Supply Curve