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The relationship between the Average Price Level and Real Output is ____ for the SRAS Curve. A. Neutral B. Negative C. Positive

The relationship between the Average Price Level and Real Output is ____ for the SRAS Curve. A. Neutral B. Negative C. Positive
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The relationship between the Average Price Level and Real Output is ____ for the SRAS Curve.

A. Neutral
B. Negative
C. Positive

User Peter Leimbigler
by
8.4k points

1 Answer

0 votes
C) Positive -- price fluctuations (real outputs) factor directly into price averages (average price levels). 
User Achtung
by
7.8k points
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