【曼昆 宏观经济学 经典】Mankiw 5e Chapter 13.pdfVIP

Mankiw 5e Chapter 13 Consider the following aggregate supply equation: Y = Y + a*(P - P ) Based on this equation, the slope of the AS curve is A. a. B. Y. C. -a. D. 1/a. 0 out of 1 Incorrect. The correct answer is D. Since P is on the vertical axis and Y is on the horizontal axis in an aggregate supply diagram, the above equation should be solved for P and the coefficient on Y will be the slope. See Section 13-1. The positive relationship between the price level and the amount of output means that the aggregate supply curve is A. horizontal. B. upward s