The Keynesian short-run aggregate supply (SRAS) curve A) shows that r
The Keynesian short-run aggregate supply (SRAS) curve
A) shows that real Gross Domestic Product (GDP) will increase only if the price level increases.
B) is horizontal.
C) assumes a full-employment level of real Gross Domestic Product (GDP).
D) does not reflect any changes in nominal Gross Domestic Product (GDP).
ANSWER
B
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