In the Extended Analysis of Aggregate Supply, the Short-Run Aggregate

question 124

Multiple Choice

In the extended analysis of aggregate supply, the short-run aggregate supply curve is

• A) vertical and the long-run aggregate supply curve is horizontal.
• B) horizontal and the long-run aggregate supply curve is vertical.
• C) upsloping and the long-run aggregate supply curve is vertical.
• D) horizontal and the long-run aggregate supply curve is upsloping.

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