The Slope of the Short-Run Aggregate Supply Curve Can Be

question 21

Multiple Choice

The slope of the short-run aggregate supply curve can be explained by

• A) the fact that all prices are sticky in the short run.
• B) sticky input prices and flexible output prices.
• C) flexible input prices and sticky output prices.
• D) the fact that all prices are flexible in the short run.
• E) the fact that all prices except wages are flexible in the short run.

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Definitions:

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