CH10

1) The aggregate supply curve B) Relates planned aggregate production to price level. The total of all planned production for the entire economy is known as C) Aggregate supply. The long run aggregate supply curve (LRAS) also represents A) the full-information level of output. B) the full-employment level of output. C) the full-adjustment level of output. All of the following would shift the LRAS curve to the right EXCEPT C) an increase in the overall price level. Long-run aggregate su...