The Short-Run Aggregate Supply Curve___________

question 365

Multiple Choice

The short-run aggregate supply curve___________

• A) illustrates the level of potential real GDP.
• B) shows the impact changes in the price level have on the quantity of real GDP when resource prices are constant.
• C) is vertical.
• D) shifts whenever the price level changes.

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Definitions:

Nasal Conchae

Curved bony projections in the nasal cavity that help to humidify, warm, and filter air as it is inhaled.

Paranasal Sinuses

Air-filled spaces within the bones of the skull and face, connected to the nasal cavity and involved in the production of mucus and voice resonance.

Paranasal Sinuses

Air-filled spaces in the bones of the skull that are connected to the nasal cavity.

Nasopharynx

The nasopharynx is the upper part of the pharynx, connecting the nasal cavity above to the mouth and larynx below.