A Vertical Curve That Defines the Level of Full-Employment or Potential

question 39

Multiple Choice

A vertical curve that defines the level of full-employment or potential output based on a given amount of resources,efficiency,and technology in the economy is called:

• A)the short-run aggregate supply curve.
• B)the long-run aggregate supply curve.
• C)the aggregate demand curve.
• D)none of the above.

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Definitions:

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High School

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