Which of the following statements is TRUE?
A. The long-run aggregate supply curve is upward sloping.
B. The long-run aggregate demand curve is upward sloping.
C. The short-run aggregate supply curve is vertical.
D. The long-run aggregate supply curve is vertical.
Answer:D
Which of the following statements is TRUE?
A. The long-run aggregate supply curve is upward sloping. B. The long-run aggregate demand curve is upward sloping. C. The short-run aggregate supply curve is vertical. D. The long-run aggregate supply curve is vertical.