Ask Question
Social StudiesSocial Studies
12 May, 04:22

A vertical AS curve means that the level of aggregate supply (or potential GDP) will determine the real GDP of the economy, regardless of the level of A. cyclical unemployment. B. real unemployment. C. aggregate demand. D. inflationary pressures.

+5
Answers (1)
  1. 12 May, 06:50
    0
    C. aggregate demand

    Explanation:

    AS curve:

    It is described by the allocative efficiency curve, reflecting the relationship between price levels and the amount of production that companies are willing to provide. The correlation between allocative efficiency and market price is usually positive ... A vertical AS curve indicates that the aggregate supply level will decide the economy's actual GDP, independent of the level of aggregate demand.

    Therefore the answer is C.

    C. aggregate demand
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A vertical AS curve means that the level of aggregate supply (or potential GDP) will determine the real GDP of the economy, regardless of ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Name a court case where the 4th amendment was limited
Answers (2)
N which way did military and economic problems interact in the decline of the Byzantine Empire?
Answers (1)
Who presents the newly elected Speaker of the House of Representatives?
Answers (1)
What are the four states known as the four corners of this region
Answers (2)
The most likely cause of resistance to change in this situation is: Lack of trust between employees and management Self-interest on the part of the employees Lack of certainty about the future The most effective tactic for implementing change in
Answers (1)
New Questions in Social Studies
Why is it important to understand the Georgia state constitution?
Answers (1)
What are three things the egyptians traded for
Answers (2)
Carolyn agrees to sell Marianne an antique handmade lace tablecloth for $1,500. When Carolyn discovers that her cousin wants it too, she breaks the contract with Marianne. Marianne can ask the court to order:
Answers (1)
What are some other sources of ethical values? a. laws and regulations, and codes of professional ethics. b. church doctrines and individual organizations' codes of conduct. c. neither of the above describe other sources of ethical values. d.
Answers (1)
After Guido kicked the football from the 22-yard line, he heard the referee yell, "It's good." What type of knowledge was expressed by the referee?
Answers (1)
Home » Social Studies » A vertical AS curve means that the level of aggregate supply (or potential GDP) will determine the real GDP of the economy, regardless of the level of A. cyclical unemployment. B. real unemployment. C. aggregate demand. D. inflationary pressures.
Sign Up Forgot Password?