Which aggregate supply curve has a positive slope?
Understand the Problem
The question is asking about the characteristics of different types of aggregate supply curves, specifically which ones exhibit a positive slope. This relates to economic concepts concerning how overall supply varies with price levels in the economy.
Answer
short run aggregate supply curve
The final answer is the short run aggregate supply curve.
Answer for screen readers
The final answer is the short run aggregate supply curve.
More Information
In the short run, firms can increase production when prices rise, leading to an upward sloping aggregate supply curve.
Tips
A common mistake is to confuse the short run aggregate supply curve with the long run aggregate supply curve, which is vertical.
Sources
- Solved Which aggregate supply curve has a positive slope? | Chegg.com - chegg.com
- 24.4: Aggregate Supply - Social Sci LibreTexts - socialsci.libretexts.org
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