The short-run aggregate supply curve is positively sloped because:
A) a short-run increase in GDP usually is accompanied by an increased rise in the price level.
B) many input prices are slow to change in the short run.
C) all variables are fixed in the short run.
D) a short-run increase in GDP usually is accompanied by a slower rise in the price level.
Correct Answer:
Verified
Q88: Aggregate supply shifts to the left when:
A)
Q92: (Figure: Determining SRAS Shifts) Q103: The _ shows the amount of output Q107: The _ is vertical at full employment. Q111: Which of the following would NOT cause Q112: Aggregate supply increases when: Q120: The _ is positively sloped because some Q121: Which of the following would NOT cause Q170: The short-run aggregate supply curve Q233: Which is a determinant of aggregate supply?![]()
A)
A) input prices rise.
B)
A) is vertical
A)
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