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

question 24

Multiple Choice

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

• A)It is upward sloping.
• B)The level of real GDP supplied changes as input prices change.
• C)The level of real GDP supplied changes with the levels of capital, land, labour, and technology available to the economy.
• D)The LRAS shifts when the SRAS shifts.