Which of the Following Is an Accurate Statement About the Aggregate

question 54

Multiple Choice

Which of the following is an accurate statement about the aggregate supply curve?

• A)Keynesians view it as vertical up until full employment,at which point it becomes horizontal.
• B)Monetarists view it as horizontal.
• C)The consensus view is that it begins as horizontal,then starts to slope upward to the right as the economy approaches full employment,and eventually becomes vertical beyond full employment.
• D)The Keynesian view is that it is vertical.

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