If Potential GDP Is Equal to $600 Billion, What Does

question 87

Multiple Choice

If potential GDP is equal to $600 billion, what does the long-run aggregate supply curve look like?

• A)It is a horizontal line at $600 billion of GDP.
• B)It is a vertical line at a level of GDP below $600 billion.
• C)It is a vertical line at $600 billion of GDP.
• D)It is a vertical line at a level of GDP above $600 billion.
• E)It is a positively sloped line beginning at the origin and passing through a GDP of $600 billion.

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