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The long-run aggregate supply curve is: a. Vertical b. Downsloping c. Upsloping d. Horizontal
a. Horizontal
The aggregate supply curve is comprised of the total of all domestically produced goods and services supplied at all price levels. a. true b. false
a. true
Which would be considered to be one of the factors that shift the aggregate demand curve? A change in: a. Government regulation b. Consumer spending c. Input costs d. Productivity
b. Consumer spending
Aggregate demand is made up of the total of all goods and services demanded from companies in the U.S. and around the world. a. true b. false
b. false
