The Long-Run Aggregate Supply (LAS) Curve

question 32

Multiple Choice

The long-run aggregate supply (LAS) curve

• A) has a positive slope.
• B) has a negative slope.
• C) is vertical.
• D) is horizontal.

---

Definitions:

Negative External Financing

A situation where a company is reducing its external borrowing and financing activities, possibly indicating a shift towards internal funding methods.

External Financing Need

The amount of funding a firm requires from external sources to finance its planned investment or business activities beyond what is generated internally.

Four Factors

Essential elements or aspects considered crucial in evaluating or determining a specific outcome, although the specific factors may vary based on context.

Higher Rate Growth

An increased pace at which a particular economic variable, typically revenue or GDP, expands over time.