All of the Following Statements Is True About the Short-Run

question 26

Multiple Choice

All of the following statements is true about the short-run aggregate supply curve except

• A)it is a graphical representation of the relationship between production and the price level.
• B)it is a result of the stickiness or inflexibility of some prices and wages.
• C)it is upward-sloping.
• D)it is drawn holding price level constant.

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