Which of the Following Statements About the Short-Run Aggregate Supply

question 157

Multiple Choice

Which of the following statements about the short-run aggregate supply curve is most accurate?

• A)It shifts only when the LRAS shifts in the same direction.
• B)It is not as steeply sloped as the LRAS.
• C)It normally has a slope of zero, meaning the curve is horizontal.
• D)It normally slopes upward to the right because the costs of labour and other inputs are relatively fixed in the short run.

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