The Aggregate Supply (AS)curve Is Drawn with Which Variables on the Axes

question 108

Multiple Choice

The aggregate supply (AS) curve is drawn with which variables on the axes of the graph?

• A)the price level on the vertical axis and MPC on the horizontal axis
• B)national income on the vertical axis and total desired consumption on the horizontal axis
• C)the price level on the vertical axis and real GDP on the horizontal axis
• D)national income on the vertical axis and marginal cost on the horizontal axis
• E)the price level on the vertical axis and real disposable income on the horizontal axis

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