Classical Economists Believe That a Reason the Aggregate Supply Curve

question 93

Multiple Choice

Classical economists believe that a reason the aggregate supply curve is ________ is because people who are not working are those who have chosen not to work at the prevailing wage rate.

• A) horizontal
• B) vertical
• C) positively sloped
• D) negatively sloped

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Reasoning from observations to a theory that might explain the observations.