Q
According to the simple Keynesian view the aggregate supply curve is ?
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A
A. Downward sloping over all levels of output
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B
B. Upward sloping over all levels of output
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C
C. Horizontal until it reaches full capacity and then becomes vertical
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D
D. Vertical until it reaches full capacity and then becomes horizontal
Correct Answer:
C. C. Horizontal until it reaches full capacity and then becomes vertical
