Examlex
Which of the following is the BEST explanation for an upward-sloping short-run aggregate supply curve?
Treasury Bills
Short-term government securities issued at a discount from the face value and mature at par.
Historical Returns
The past financial performance of an investment, often presented as an average annual return rate over a specific time period.
Small Firms
Companies with a smaller market capitalization, often characterized by higher potential growth and higher risk.
Large Firms
Companies that have a significant market capitalization, often characterized by a large amount of assets, revenues, and employees.
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