The Short-Run Aggregate Supply Curve Is Horizontal When

question 139

Multiple Choice

The short-run aggregate supply curve is horizontal when

• A) prices are inflexible and the economy is at full employment.
• B) there are unemployed resources and prices do not increase when aggregate demand increases.
• C) there are unemployed resources and prices do not decrease when aggregate supply increases.
• D) there are no unemployed resources and prices do not increase when aggregate demand or supply increases.

---

Definitions:

Meeting Technologies

Tools and platforms that facilitate virtual or in-person meetings, including video conferencing software, collaborative workspaces, and presentation tools.

Parliamentary Procedure

A time-tested method for planning and running effective meetings; the best-known guide to this procedure is Robert’s Rules of Order.

Mobile Device

A portable computing device such as a smartphone or tablet that has wireless internet capabilities.

Designated Leader

An individual who has been officially assigned or chosen to lead and guide a group or team.