An Aggregate Supply Curve That Is Either Horizontal or Upward

question 34

Multiple Choice

An aggregate supply curve that is either horizontal or upward sloping,depending on whether the absolute price level increases as firms produce more output is called:

• A)short-run aggregate supply curve.
• B)long-run aggregate supply curve.
• C)potential GDP.
• D)NAIRU.

---

Definitions:

Sex-specific BMI

Body mass index calculated or interpreted differently based on biological sex, acknowledging physiological differences that may affect health assessments.

Growth Charts

Tools used to track the growth of children over time, comparing their weight, height, and head circumference against standardized norms.

Age Cohort

A group of individuals who share similar birth years and, consequently, tend to have comparable experiences, attitudes, and life stages.

Social Distinctions

The differentiation of people into categories based on characteristics such as class, ethnicity, or gender, often leading to unequal treatment or access to resources.