Changes in ________ do not affect the level of aggregate supply in the long run.
A)technology
B)the number of workers in the economy
C)the price level
D)the amount of accumulated capital equipment
E)the availability of natural resources

Question

Quizplus · Accepted Answer

Changes in the price level do not affect the level of aggregate supply in the long run because in the long run, the economy will adjust to any changes in the price level, and the aggregate supply will return to its potential level. The other choices (A, B, D, and E) all have long-term effects on aggregate supply.

Changes in ________ Do Not Affect the Level of Aggregate