The Horizontal Short-Run Aggregate Supply Curve

question 201

Multiple Choice

The horizontal short-run aggregate supply curve

• A) assumes that wages and all other input prices are constant.
• B) shows that real GDP can be increased only when prices increase.
• C) assumes that there is full employment in the economy.
• D) assumes that opportunity cost is constant.

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Child Care Resources

Support services and materials available for parents and guardians to assist in the supervision and education of children.

Academic Life

The aspects of life concerned with education and learning, especially at a college or university level.

Time-Management Skills

The ability to efficiently allocate and use one’s time to complete tasks and achieve goals.

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