The Main Reason Why the Short-Run Aggregate Supply Curve Slopes

question 37

True/False

The main reason why the short-run aggregate supply curve slopes upward is that as the average price level increases, larger scales of production become more profitable.

---

Definitions:

Ascending track

Nervous system pathways that carry sensory information from the body up to the brain.

Spinal cord

A long, thin, tubular bundle of nervous tissue and support cells that extends from the brain. It is a major part of the central nervous system which conducts sensory and motor nerve impulses to and from the brain.

Motor information

Neural signals that originate in the brain and are conveyed to the spinal cord and muscles, guiding voluntary movements.