The Long-Run Aggregate Supply Curve Is ________ Because Along It

question 287

Multiple Choice

The long-run aggregate supply curve is ________ because along it, as prices rise, the money wage rate ________.

• A) vertical; falls
• B) vertical; rises
• C) upward sloping; falls
• D) upward sloping; stays constant

---

Definitions:

Photosynthetic Pathway

The series of chemical reactions in plants that convert carbon dioxide and water into glucose and oxygen, using sunlight as the energy source.

Carbon Sugar

Organic molecules consisting of carbon, hydrogen, and oxygen that form the building blocks of carbohydrates.

Calvin-Benson Cycle

A series of biochemical redox reactions taking place in the chloroplasts of photosynthetic organisms, crucial for converting carbon dioxide into glucose.

Light-Dependent Reactions

The first phase of photosynthesis where light energy is absorbed by chlorophyll and converted into chemical energy for ATP and NADPH production.