The Keynesian Short-Run Aggregate Supply (SRAS) Curve

question 191

Multiple Choice

The Keynesian short-run aggregate supply (SRAS) curve

• A) shows that real Gross Domestic Product (GDP) will increase only if the price level increases.
• B) assumes a full-employment level of real Gross Domestic Product (GDP).
• C) is horizontal.
• D) does not reflect any changes in nominal Gross Domestic Product (GDP).

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