As real GDP increases, ceteris paribus, the slope of the aggregate supply curve

A. decreases.
B. increases.
C. is always zero.
D. remains unchanged.

Answer: B

Economics

You might also like to view...

The current structure of financial markets can be best understood as the result of attempts by financial market participants to

A) adapt to continually changing government regulations. B) deal with the great number of small firms in the United States. C) reduce transaction costs. D) cartelize the provision of financial services.

Economics

Which of the following changes can facilitate the transfer or outsourcing of formerly internal activities of a firm?

a. Changes in technology and market structure b. Decline in domestic input prices c. Decline in net exports d. Rapid pace of industrialization

Economics