Which of the Following Statements Is False

question 85

Multiple Choice

Which of the following statements is false?

• A) An increase in wage rates causes producers to move up along the SRAS curve.
• B) An increase in the price level causes producers to move up along the SRAS curve.
• C) The short-run aggregate supply (SRAS)curve is upward sloping.
• D) The long-run aggregate supply (LRAS)curve is vertical.

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