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label each of the following descriptions as being either an immediate-short-run aggregate supply curve, a short-run aggregate supply curve, or a long-run aggregate supply curve.
a. A vertical line.
b. The price level is fixed.
c. Output prices are flexible, but input prices are fixed.
d. A horizontal line.
e. An upsloping curve.
f. Output is fixed

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tutorconsortium609

The total supply curve displays the amount of output real GDP that businesses will generate and market at each price point.

What exactly is a supply curve?

  • In economics, the supply curve is a graphic depiction of the relationship between the price of a good and the amount of it that a seller is willing and able to supply.
  • The graph's horizontal axis represents supply quantity and the vertical axis represents product pricing.

What is the solution to the question?

A short-run aggregate supply curve, a long-run aggregate supply curve, or an immediate-short-run aggregate supply curve.

(A) A vertical line, a long-run aggregate supply curve

(B) The price level is fixed, an immediate short-run aggregate supply curve

(C) Output prices are flexible, but input prices are fixed. A short-run aggregate supply curve

(D) A horizontal line, An immediate short-run aggregate supply curve

(E) An upsloping curve, A short-run supply curve

(F) Output is fixed. A long-run aggregate supply curve

The total supply curve displays the amount of output real GDP that businesses will generate and market at each price point.

To know more about supply curve, visit:

https://brainly.com/question/28177667

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