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

question 139

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)​all of the above

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Definitions:

Telegraphic Speech

The early speech stage in which a child speaks like a telegram—"go car"—using mostly nouns and verbs.

Language Development

Language development involves the process by which children come to understand and communicate language during early childhood.

Babbling

Stage in language development involving the production of sounds or syllables repeated by infants before speaking recognizable words.

Semantic

Pertaining to meaning in language or logic, specifically the relationship between signs and symbols and what they represent.