The Long-Run Aggregate Supply Curve Is

question 83

Multiple Choice

The long-run aggregate supply curve is:

• A)downward sloping.
• B)perfectly elastic.
• C)perfectly inelastic.
• D)The long-run aggregate supply curve can be any of these.

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Definitions:

Budgeting

The process of creating a plan to spend your money over a certain period, involving the balancing of income against expenditures.