The Long-Run Aggregate Supply Curve Is

question 17

Multiple Choice

The long-run aggregate supply curve is

• A) vertical at the level of full-employment output.
• B) horizontal at the going-price level.
• C) illustrating a positive relationship between price and output.
• D) illustrating a negative relationship between price and output.
• E) the same as the short-run aggregate supply curve.

---

Definitions:

Geometry

The branch of mathematics that deals with the properties and relationships of points, lines, surfaces, and solids.

Alkene

Organic compounds that differ from alkanes by having at least one double bond between carbon atoms, making them unsaturated.

Heat Of Hydrogenation

The heat of hydrogenation is the change in enthalpy that occurs when an unsaturated compound reacts with hydrogen to become saturated, used as a measure of the stability of the compound’s double bonds.

Alkene

A hydrocarbon compound characterized by the presence of at least one carbon-carbon double bond, playing a vital role in organic chemistry.