What shape is the long-run aggregate supply curve? vertical at the value of potential real GDP downward-sloping vertical at the value of potential nominal GDP upward-sloping but not vertical vertical at the value of maximum real GDP

we distinguish between the long-run aggregate supply curve and the short-run aggregate supply curve. in the long runtechnology is fixed but not in the short runthe price level is constant but in the short run it fluctuatesreal gdp equals potential gdpthe aggregate supply curve is horizontal while in the short run it is upward sloping.

which of the following is true about the long-run aggregate supply curve?it is vertical at the level of potential gdpit does not shift in response to temporary changes in aggregate demandit shows the relationship between the price level and real gdp when wages and other costs are at an equilibrium level.all the above

What is the slope of the long-run aggregate supply curve?

which of the following is true about the long-run aggregate supply curve?

we distinguish between the long-run aggregate supply curve and the short-run aggregate supply curve. in the long run