thegentlestoryk9266 thegentlestoryk9266
  • 20-07-2022
  • SAT
contestada

The long-run aggregate supply curve is vertical

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adefioyelaoye
adefioyelaoye adefioyelaoye
  • 25-07-2022

The long-run aggregate supply curve is vertical at the potential level of output.

What is Long-run aggregate supply curve?

This curve depicts the relationship between price level and real GDP that would be supplied if all prices were flexible.

This curve is usually vertical only at the perceived level of output due to it not being an influencing factor hence it being the most appropriate choice.

Read more about Long-run aggregate supply curve here https://brainly.com/question/13993528

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