The Long-Run Aggregate Supply Curve Illustrates the

question 50

Multiple Choice

The long-run aggregate supply curve illustrates the

• A) surpluses, shortages and equilibrium level of GDP.
• B) amount of products producers offer at various prices when money wages and other resource prices do not change.
• C) relationship of the price level and real GDP when the economy is at full employment.
• D) relationship of aggregate supply and aggregate demand.

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