The Long-Run Aggregate Supply (LAS) Curve

question 32

Multiple Choice

The long-run aggregate supply (LAS) curve

• A) has a positive slope.
• B) has a negative slope.
• C) is vertical.
• D) is horizontal.

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Definitions:

Structural Inequality

A condition where social structures produce disparities in income, opportunity, and treatment among various groups in society.

Intellectualism

The exercise of the intellect, emphasizing critical thinking and scholarly activities.

Controlling Images

Media and socially constructed stereotypes that shape perceptions and behaviors towards particular groups, often used to justify inequality or oppression.

Cultural Instruments

Tools or devices developed within specific cultural contexts used to produce music, art, or perform tasks that reflect the cultural heritage.