iscrmmodibisv City University of New York x New tab Jum Pri

iscrm/mod/ibis/v . City University of New York ..x New tab Jum Print Calculator on 3 of 21 Map Sapling Learning Please complete the following statement with the correct terms, and then adjust the graph below to show the effect of deflation occurring in the economy The short-run aggregate supply curve slopes because it reflects a relationship between , a measure of output, and Crock Answer 0 Nexf

Solution

Short run AS curve is positively sloped which shows direct relationship between price level and real GDP.

a) Upward

b) Positive

c) aggregate price

d) real GDP