Long-Run Aggregate Supply Corresponds to the Level of Potential Output

question 11

True/False

Long-run aggregate supply corresponds to the level of potential output.

---

Definitions:

EDGAR

The Electronic Data Gathering, Analysis, and Retrieval system used by the U.S. Securities and Exchange Commission (SEC) for the submission of documents.

SEC

The Securities and Exchange Commission (SEC) is a U.S. government agency responsible for regulating the securities markets and protecting investors.

Electronic Filing System

A system for submitting documents electronically rather than on paper, typically used for tax returns, legal documents, and other reports.

Federal Securities Laws

Laws in the United States that regulate the offer and sale of securities to protect investors against fraud.