An Adjustment "Asymmetry" in the Aggregate Supply Curve Is Shown

question 73

Multiple Choice

An adjustment "asymmetry" in the aggregate supply curve is shown by

• A)the difference in speed of decreases in output levels..
• B)its concave shape.
• C)its convex shape.
• D)the difference in speed of increases in factor prices versus wage rates..
• E)the difference in speed of a rightward shift versus a leftward shift (when wages adjust to output gaps).

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