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Which of the following statements is true about comparing a Short-Term Aggregate Supply Curve and a traditional Supply Curve? A. Prices do not change in both curves. B. There are no similarities. C. The curves are an inverse to each other. D. Both Average Price Level (price) and Real Output (quantity) change along the curve.​

Which of the following statements is true about comparing a Short-Term Aggregate Supply-example-1
User Rhlee
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1 Answer

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18 votes

Answer:

Explanation:

the answer is d

A. prices do not change in both curve is wrong cause there is a slope so the average price level and prices could change

B. is not right cause when you compare the two different graph they seem similar so there is similarity between the two

C. there not inverse cause the demand slope and the aggregate supply curve are the same positive slope/

D. is the correct answer

User Ashot Khachatryan
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