Which of the Following Describes the Short-Run Aggregate Supply Curve

question 154

Multiple Choice

Which of the following describes the short-run aggregate supply curve?  

• A) It shows an inverse relationship between the price level and real GDP. 
• B) It shows the relationship between the price of labour and the aggregate quantity of labour that workers supply, other things constant. 
• C) It shows the relationship between the interest rate and the quantity of capital goods that firms supply, other things constant. 
• D) It shows the relationship between the price level and the quantity of aggregate output that firms supply, other things constant.

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