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e laken:0:49:13 Chiara Focarazzo: Attempt 1 Question 1 (1 point) () Listen An AS curve may be horizontal over some range of real GDP output

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e laken:0:49:13 Chiara Focarazzo: Attempt 1 Question 1 (1 point) () Listen An AS curve may be horizontal over some range of real GDP output because within that range: (a) resources are underemployed and an increase in AD will be satisfied without any increase in the price level b) output can't rise unless the price level does O c) sticky prices prevent fluctuations in output and employment O d) a higher price level leads to a reduction in consumer spending O e) changes in the price level do not induce substitution Question 2 (1 point) Saved ) Listen major international trading partners

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