The Short-Run Aggregate Supply Curve

question 100

Multiple Choice

The short-run aggregate supply curve

• A) is vertical because the economy is at full capacity.
• B) is upward sloping because some costs are slow to rise as output expands.
• C) is horizontal because input prices do not rise as output rises.
• D) cannot be generalized because each economy is unique.

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Definitions:

Heterosexual Relationships

Romantic or sexual relationships between individuals of opposite sexes.

Social Standards

Accepted behaviors and norms within a society or group.

Neurotransmitter

A chemical substance that is released at the end of a nerve fiber by the arrival of a nerve impulse and, by diffusing across the synapse, causes the transfer of the impulse to another nerve fiber, a muscle fiber, or some other structure.

Deliberately

Acting with careful consideration or intention, often implying a mindful or planned approach.