Explain why the aggregate supply curve is horizontal


Problem

Explain why the aggregate supply curve is horizontal during a Keynesian depression period, positively sloped during the short run, and vertical in the long run.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Explain why the aggregate supply curve is horizontal
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