CFA Practice Question

There are 923 practice questions for this topic.

CFA Practice Question

The long-run aggregate supply curve ______

A. is vertical.
B. is horizontal.
C. slopes upward.
Correct Answer: A

Potential GDP is independent of the price level in the long run.

User Contributed Comments 1

User Comment
DonAnd LAS cure is vertical at potential GDP.
You need to log in first to add your comment.