Which of these is not assumed to be constant along a short-run aggregate supply curve?
A)The actual price level
B)The state of technology
C)The size and quality of the labor force
D)The expected price level
E)The size and quality of the capital stock

Question

Quizplus · Accepted Answer

The short-run aggregate supply curve assumes that the expected price level, state of technology, size and quality of the labor force, and size and quality of the capital stock are constant. The actual price level is what changes along the curve.

Which of These Is Not Assumed to Be Constant Along