In Macroeconomic Modelling,as Price Flexibility Increases ________

question 34

Multiple Choice

In macroeconomic modelling,as price flexibility increases ________.

• A)the short-run aggregate supply schedule will get flatter
• B)the short-run aggregate supply schedule will get steeper
• C)the short-run aggregate supply schedule will shift to the right
• D)the short-run aggregate supply schedule will shift to the left

---

Definitions:

Interpersonal

Relating to interactions and relationships between people.

Personal Trait

An individual's characteristic pattern of thinking, feeling, or behavior.

Easing Conflict

Techniques or strategies used to reduce tension and resolve disagreements in a peaceful manner.

Technical Knowledge

Expertise or proficiency in specific fields of technology or industry.