Which of the following statements is true regarding the long-run aggregate supply curve? The long-run aggregate supply cruve ?

A. shifts right when the government raises the minimum wage

B. Is vertical because an equal change in all prices and wages leaves output unaffected

C. shifts left when the natural rate of unemployment falls

D. is positively sloped because price expectations and wages tend to be fixed is the long run

Be the first to comment if anything wrong with this mcq
Your comment successfully submitted!
It will automatically posted after review and approval by our staff member.