If aggregate supply is vertical, then which of the following statements must be true?
A) Aggregate demand does not affect the quantity of output.
B) Aggregate demand does not cause inflationary changes in price level.
C) Inflation will accompany any rise in output.
D) Inflation creates greater social benefits.
+2
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If aggregate supply is vertical, then which of the following statements must be true? A) Aggregate demand does not affect the quantity of ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » If aggregate supply is vertical, then which of the following statements must be true? A) Aggregate demand does not affect the quantity of output. B) Aggregate demand does not cause inflationary changes in price level.