Which Statement Best Characterizes the Long-Run Aggregate-Supply Curve

question 50

Multiple Choice

Which statement best characterizes the long-run aggregate-supply curve?

• A) It is determined by the things that determine output in the classical model.
• B) It is located at the point where unemployment is zero.
• C) It shifts to the right when the price level increases.
• D) It is positioned at the point where the economy would cease to grow.

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