The short-run aggregate supply curve is
A) a horizontal line.
B) positively sloped.
C) negatively sloped.
D) a vertical line.
E) a 45-degree line.

Question

Quizplus · Accepted Answer

The short-run aggregate supply curve is positively sloped, reflecting the idea that as prices for outputs increase, producers are willing and able to supply more goods and services, assuming input costs remain constant.

The Short-Run Aggregate Supply Curve Is