The Short-Run Aggregate Supply Curve Is ________ and the Long-Run

question 144

Multiple Choice

The short-run aggregate supply curve is ________ and the long-run aggregate supply curve is _________.

• A) upward sloping; horizontal
• B) vertical; upward sloping
• C) vertical; horizontal
• D) upward sloping; vertical
• E) none of the above

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Definitions:

Charge Separation

The process by which electric charge is distributed over two or more atoms or molecules, leading to the formation of ions or polarized compounds.

C-O Bond

Refers to the covalent bond between a carbon atom and an oxygen atom, fundamental to organic chemistry.

Bond Dipole

A measure of the polarity of a chemical bond between two atoms, characterized by a difference in electronegativity and resulting in a partial positive and partial negative end.

Acidity

A measure of a substance's ability to donate a proton (H+) in a chemical reaction, often discussed in the context of acid-base chemistry.