The simple Keynesian aggregate supply curve Is:

A) Upward-sloping as real GDP Increases

B) Horizontal at GDP levels below full Employment

C) Based on the concept that all unemployment is voluntary

D) Downward-sloping as real GDP increases.

Related MCQs:
  1. When aggregate supply exceeds aggregate demand?
  2. In the aggregate supply curve is horizontal it means that
  3. In a depression economy along a horizontal aggregate supply curve
  4. A vertical supply curve parallel to the price axis Implies that the elasticity of supply is