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Subject - Economics:

Macroeconomics

MCQ - 51-4061

Question:

In the long run, aggregate supply is

  1. upward sloping at full employment.
  2. horizontal below full employment.
  3. vertical at full employment.
  4. horizontal below full employment.
  5. vertical above full employment.

Correct Answer: C

Explanation:

The short-run AS curve is upward sloping; the long-run AS is vertical at full employment.

Record Performance

269 MCQ for effective preparation of the test of Macroeconomics of Economics section.

Read the MCQ statement: In the long run, aggregate supply is , keenly and apply the method you have learn through the video lessons for Macroeconomics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 51-4061.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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