Which of the Following Statements About the AS Curve Is

question 71

Multiple Choice

Which of the following statements about the AS curve is true?

• A)Real wages are constant along an AS curve.
• B)The curve becomes steeper as it approaches Potential GDP.
• C)The AS curve will shift when the price level increases.
• D)It is usually a straight line.
• E)It is a function of aggregate demand.

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