The long-run aggregate supply analysis assumes that
A) input prices are fixed, while product prices are variable.
B) input prices are variable, while product prices are fixed.
C) both input and product prices are variable.
D) both input and product prices are fixed.
Correct Answer:
Verified
Q208: The immediate-short-run aggregate supply curve is
A) vertical.
B)
Q209: The slope of the immediate-short-run aggregate supply
Q210: An increase in productivity will
A) increase aggregate
Q211: The upward slope of the short-run aggregate
Q212: Which would most likely increase aggregate supply?
A)
Q214: The short-run version of aggregate supply assumes
Q215: The version of aggregate supply that allows
Q216: The labels for the axes of an
Q217: The long-run aggregate supply curve is
A) upward-sloping
Q218: Which would most likely shift the aggregate
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