The Short-Run Aggregate Supply Curve Is Upward-Sloping,while the Long-Run Aggregate

question 39

True/False

The short-run aggregate supply curve is upward-sloping,while the long-run aggregate supply curve tends to be vertical.
In the long run,the output tends to be constant at the level of full employment,whereas in the short run it may vary.

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Definitions:

PaaS Model

Platform as a Service (PaaS) model is a cloud computing service that provides a platform allowing customers to develop, run, and manage applications without the complexity of building and maintaining the infrastructure typically associated with developing and launching an app.

Customers

Individuals or entities that purchase goods or services from a business or organization.

Vendors

Businesses or individuals that sell goods or services to another entity, often within a supply chain.

Grid Computing

A form of distributed computing where resources from multiple computers in a network are combined to work on large-scale problems.