Which of the Following Is True of the Long-Run Aggregate

question 165

Multiple Choice

Which of the following is true of the long-run aggregate supply curve?

• A)It is vertical.
• B)The level of RGDP supplied does not change as the price level changes.
• C)The level of RGDP supplied changes with the levels of capital, land, labor, and technology available to the economy.
• D)Sometimes the LRAS also shifts when the SRAS shifts, and sometimes it does not.
• E)All of the above are true of the long-run aggregate supply curve.

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