If Nominal Wages and Salaries Are Fixed as Firms Change

question 12

Multiple Choice

If nominal wages and salaries are fixed as firms change product prices, the short-run aggregate supply curve is: ​

• A) ​ vertical.
• B) ​ horizontal.
• C) ​negatively sloped.
• D) ​positively sloped.

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Definitions:

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Young individuals, typically in their teenage years, who identify as lesbian, gay, bisexual, transgender, queer/questioning, and other non-heteronormative sexual orientations and gender identities.

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