Why Is the Aggregate-Supply Curve Upward Sloping in the Short

question 43

Multiple Choice

Why is the aggregate-supply curve upward sloping in the short run?

• A) because people buy less when prices go up
• B) because prices adjust fast to balance supply and demand
• C) because wages adjust fast to stabilize standards of living
• D) because some producers believe that only the price of their product has changed

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Definitions:

No-nonsense Parenting

A parenting style that emphasizes clear rules, expectations, and consequences while showing little tolerance for disobedience or negotiation.

Physical Restraint

The use of mechanical means or physical force to limit the movements of an individual, often for safety or medical reasons.

High Parental Control

Involves parents imposing strict rules and expectations, closely monitoring their children's activities, and often resulting in limited autonomy for the child.

Low Affection

A decreased level of fondness, tenderness, or love towards others, which can impact interpersonal relationships and emotional well-being.