The Short-Run Aggregate Supply Curve

question 113

Multiple Choice

The short-run aggregate supply curve:

• A)Becomes steeper the further into the future it goes and eventually becomes vertical.
• B)Becomes flatter the further into the future it goes and eventually becomes horizontal.
• C)Becomes steeper the further into the future it goes, but never becomes vertical.
• D)Becomes flatter the further into the future it goes, but never becomes horizontal.

---

Definitions:

Political Performance Appraisals

The evaluation of an employee's job performance influenced by internal organizational politics and relationships rather than solely on merit.

Organizational Processes

The structured set of activities and tasks that are carried out by an organization to achieve its objectives.

Absolute Power

A condition of unchecked and total control or authority, often exercised by a leader or government without limitations or opposition.

Referent Power

A form of influence based on the leader’s likability and the followers’ desire to identify with or emulate them.