The relationship between the price level and the real Gross Domestic P

The relationship between the price level and the real Gross Domestic Product (GDP) without full adjustment or full information is represented by

A) the distance between the long-run aggregate supply curve and the short-run aggregate supply curve.
B) the short-run aggregate supply curve.
C) the long-run aggregate supply curve.
D) the aggregate demand curve.

 

ANSWER

B

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