Most Economists Believe That the Aggregate Supply Curve Is

question 42

Multiple Choice

Most economists believe that the aggregate supply curve is

• A)upward-sloping in the short run, but vertical in the long run.
• B)upward-sloping in the long run, but vertical in the short run.
• C)upward-sloping in both the short run and in the long run.
• D)vertical in both the short run and in the long run.

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Definitions:

Coronal Section

A vertical plane slicing the body or an organ from front to back, used to examine its internal structure.

Horizontal Section

A method in anatomical studies and imaging that involves slicing and visualizing a body or organ in a plane parallel to the ground.

Enteric Nervous System

A subdivision of the peripheral nervous system that directly controls the gastrointestinal system.

Gut

The gastrointestinal tract that digests food, absorbs nutrients, and expels waste.