The curve labeled A in the above figure is
A) a short-run aggregate supply curve.
B) an aggregate demand curve.
C) a long-run aggregate supply curve.
D) a production possibilities curve.
B
Economics
You might also like to view...
Which of the following is a reason why IBM decided to provide consulting services rather than manufacturing machines?
A) It had a comparative advantage in providing consulting services. B) It had a comparative advantage in manufacturing machines. C) Manufacturing of machines generated a positive. D) Manufacturing of machines generated a negative.
Economics
Government-sponsored goods are those goods
A) that society views desirable through the political process. B) that companies give away as promotional prizes. C) that have lower than average negative externality. D) that only low-income individuals consume.
Economics