In the short run,there is a positive relationship between
A)inflation and unemployment
B)inflation and real GDP
C)the actual price level and aggregate quantity supplied
D)the actual price level and unemployment
E)the actual price level and consumption spending

Question

Quizplus · Accepted Answer

In the short run, the actual price level and aggregate quantity supplied have a positive relationship. As the price level increases, producers are willing to supply more goods and services.

In the Short Run,there Is a Positive Relationship Between