Which of the Following Statements Is Correct

question 35

Multiple Choice

Which of the following statements is correct?

• A)New classicals believe that the aggregate supply curve is vertical in the short run.
• B)New Keynesians believe that the aggregate supply curve is vertical in the short run.
• C)New Keynesians believe that the aggregate supply curve slopes upward in the long run.
• D)New classicals believe that the aggregate supply curve slopes upward in the short run.

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