Question

Economists who asset that the AS curve is vertical believe that changes in Real GDP originate only on the _____________of the economy; so government policy that is intended to impact the

Answer 1

The correct answer is supply side; demand side; prices; real GDP.

Step-by-step explanation:

An isoquarant curve is a graphic representation that shows the infinite combinations of two factors with which the same amount of product can be obtained.

Normally these two factors of production are usually capital and labor, but any other factor could be used. For the article we will say factor "a" and factor "b". The combinations of factors that produce the same amount of product and are indifferent to the producer are in the same isoquarant curve. When we add more quantity of one factor without reducing the other, we will have a higher isoquanta curve.