If the Price Level Is Constant in the Short Run

question 46

Multiple Choice

If the price level is constant in the short run,

• A) the short-run aggregate demand curve is horizontal.
• B) the short-run aggregate demand curve is vertical.
• C) the short-run aggregate supply curve is horizontal.
• D) the short-run aggregate supply curve is vertical.

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Definitions:

Independence

The state or quality of being self-reliant and free from outside control; not depending on another's authority.

Asian and African Parents

Refers to the parenting styles and cultural practices observed among families of Asian and African heritage, often emphasizing respect, education, and discipline.

Authoritative Parents

A parenting style characterized by high expectations of maturity and high responsiveness, balancing demands with emotional support.

Responsive

Showing a positive or cooperative reaction to something.