The horizontal short-run aggregate supply curve A) assumes that wages
The horizontal short-run aggregate supply curve
A) assumes that wages and all other input prices are constant.
B) assumes that opportunity cost is constant.
C) shows that real GDP can be increased only when prices increase.
D) assumes that there is full employment in the economy.
ANSWER
A
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.