If the Price Level Kept Decreasing,the Short-Run Aggregate Supply Curve

question 70

Multiple Choice

If the price level kept decreasing,the short-run aggregate supply curve would get ________ because we could hire any and all resources at the going rate without increasing prices or the price of inputs.

• A)steeper
• B)flatter
• C)indefinite
• D)vertical

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Definitions:

Realistic Goals

Objectives set that are achievable and based on practical considerations of actual conditions.

Responsibility

The obligation to carry out assigned tasks, make decisions, and bear the consequences of actions.

Procrastination

The action of delaying or postponing tasks, often out of habitual carelessness or laziness, leading to stress, anxiety, and potentially poor performance.

Substance

The fundamental or essential component of something that gives it its character and identity.