According to the Classical Model, Prices Are _____, Making the Aggregate

question 77

Multiple Choice

According to the classical model, prices are _____, making the aggregate supply curve _____ in the short run.

• A) sticky; upward sloping
• B) flexible; vertical
• C) flexible; downward sloping
• D) sticky; vertical

---

Definitions:

Daniel Goleman

An author and psychologist known for his work on emotional intelligence.

Reality

The state of things as they actually exist, as opposed to how they may be imagined, perceived, or believed.

Ponder

To reflect or consider something deeply, involving a review or contemplation of a topic or question.

Too Busy

A state or condition in which an individual has a vast number of tasks or engagements that limit their availability.