2. Because changes in the aggregate price level have no effect on aggregate output in the long...
Question:
2. Because changes in the aggregate price level have no effect on aggregate output in the long run, the long-run aggregate supply curve is
a. vertical.
b. horizontal.
c. fixed.
d. negatively sloped.
e. positively sloped.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: