Which Aggregate Supply Curve Has a Positive Slope

question 4

Multiple Choice

Which aggregate supply curve has a positive slope?

• A)long run only
• B)short run only
• C)both long run and short run
• D)neither long run nor short run

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Definitions:

Trait Leadership

A theory of leadership that suggests certain characteristics or traits make an individual naturally suited to leadership positions.

Romance Leadership

A perspective that focuses on how leaders are socially constructed by followers. Leaders are romanticized such that followers exaggerate their importance and influence.

Blake and Mouton

The creators of the Managerial Grid Model, which is a tool for assessing leadership styles based on concern for people and concern for production.

Managerial Style

The individual approach adopted by a manager or leader in overseeing and directing employees and operations within an organization.