The slope of the aggregate supply curve is
A)perfectly vertical.
B)perfectly horizontal.
C)upward.
D)downward.

Name: The slope of the aggregate supply curve is A)perfectly vertical. B)perfectly horizontal. C)upward. D)downward.
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Question

Quizplus · Accepted Answer

The aggregate supply curve is typically upward sloping, indicating that as the price level increases, the quantity of goods and services supplied increases. This reflects the fact that higher prices incentivize producers to supply more.

The Slope of the Aggregate Supply Curve Is