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What Causes the Aggregate Supply Curve to Have an Upward

question 52

Essay

What causes the aggregate supply curve to have an upward slope in the short run, but a vertical slope in the long run?


Definitions:

Lubb (S1)

The first heart sound in the cardiac cycle, associated with closure of the mitral and tricuspid valves at the beginning of ventricular contraction.

Dupp (S2)

A term referring to the duplication of the second heart sound, often associated with physiological or pathological cardiac conditions.

Pulmonary Trunk

The major blood vessel that carries deoxygenated blood from the right ventricle of the heart to the lungs for oxygenation.

Right Ventricle

The chamber of the heart that pumps deoxygenated blood to the lungs via the pulmonary artery.

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