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Question #48603

According to the simple Keynesian view the aggregate supply curve is ?

Options:

A) downward sloping over all levels of output

B) upward sloping over all levels of output

C) horizontal until it reaches full capacity and then becomes vertical

D) vertical until it reaches full capacity and then becomes horizontal

Answer: According to the simple Keynesian view the aggregate supply curve is horizontal until it reaches full capacity and then becomes vertical.

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