Question: The economy has two sides. One side is the aggregate supply side. 1. State the short run relationship between the price level and the quantity

The economy has two sides. One side is the aggregate supply side.
1. State the short run relationship between the price level and the quantity supplied of Real GDP.
2. Draw an SRAS curve. Label each axis.
3. List the reasons why the SRAS curves lopes upward.

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