What Is the Shape of the AS Curve According to Keynesians

question 144

Multiple Choice

What is the shape of the AS curve according to Keynesians?

• A)Vertical,because prices tend to be inflexible.
• B)Vertical,at the level of LAS.
• C)Horizontal,because wages are inflexible.
• D)Downward-sloping,because wages are inflexible.

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