What is TRUE of the aggregate supply curve in the classical model? A)

What is TRUE of the aggregate supply curve in the classical model?

A) The aggregate supply curve is downward sloping.
B) The aggregate supply curve is vertical.
C) The aggregate supply curve is horizontal.
D) The aggregate supply curve is not determined by the level of employment.

 

ANSWER

B

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00