Which of the Following Is True of the Short-Run Aggregate

question 3

Multiple Choice

Which of the following is true of the short-run aggregate supply curve?

• A)It shows the relation between the inflation rate and the quantity of aggregate output firms supply,other things constant.
• B)It shows the relation between the price of labor and the aggregate quantity of labor workers supply,other things constant.
• C)It shows the relation between the interest rate and the quantity of capital goods firms supply,other things constant.
• D)It shows the relation between the price level and the quantity of aggregate output firms supply,other things constant.
• E)It displays an inverse relationship between the price level and real GDP.

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Definitions:

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The culture of a country or community where an individual is living temporarily or permanently as a visitor or newcomer, often contrasted with the individual's native or home culture.

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Preconceived opinion or bias against an individual or group based on their characteristics, without any factual basis.