Economics W6-DQ2

What assumptions cause the immediate-short-run aggregate supply curve to be horizontal? Why is the long-run aggregate supply curve vertical? Explain the shape of the short-run aggregate supply curve. Why is the short-run curve relatively flat to the left of the full-employment output and relatively steep to the right?

Note: Answer should be minimum of 300 words excluding references. Responses are original in content and with minimum of one external reference. Reference are used properly and cited properly.

Requirements for the Discussion Question:

Forums Guidelines Criteria


Quality Guidelines (50%):

  • All discussion questions are answered completely.
  • Responses are original in content with a minimum of one external reference.
  • All posts demonstrated analysis of the topic.

Participation Guidelines (30%):

  • Main response is no less than 300 words.

Clarity, Organization & Professionalism Guidelines (20%):

  • Responses were organized and logical.
  • No spelling or grammatical errors.
  • References were used and cited properly.