The Short-Run Aggregate Supply Curve

question 35

Multiple Choice

The short-run aggregate supply curve:

• A)has the same slope as the long-run aggregate supply curve.
• B)shifts only when the long-run aggregate supply curve shifts in the same direction.
• C)normally slopes upward to the right because the costs of labor and other inputs are relatively fixed in the short run.
• D)normally has a slope of zero, meaning the curve is horizontal.
• E)is normally perpendicular to the horizontal axis.

---

Definitions:

Character

Represents the ethical and moral qualities or traits inherent in an individual or described within narratives.

Consequences

The results or outcomes of actions or decisions, either positive or negative.

Stress Duties

The emphasis on responsibilities or tasks under conditions that may involve pressure or tension.

Philosopher

A person who engages in the study of ideas about knowledge, truth, the nature and meaning of life, and ethics.