The Long-Run Aggregate Supply Curve Is Vertical Because

question 69

Multiple Choice

The long-run aggregate supply curve is vertical because

• A) the economy has yet to use all its available resources.
• B) the economy has reached its potential real Gross Domestic Product (GDP) and is at full employment.
• C) the economy has contracted.
• D) the economy has large numbers of unemployed.

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Definitions:

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A category of Bluetooth technology capable of transmitting data up to 10 meters in an open space, commonly found in mobile devices for communication with accessories like headsets and speakers.