Mathematics, 10.03.2020 04:53, mari530

5. Which of the following is correct? a. The short-run, but not the long-run, aggregate supply curve is consistent with the idea that nominal variables do not affect real variables. b. The long-run, but not the short-run, aggregate supply curve is consistent with the idea that nominal variables do not affect real variables. c. The long-run and short-run supply curves are both consistent with the idea that nominal variables affect real variables. d. Neither the long-run nor the short-run aggregate supply curve is consistent with the idea that nominal variables affect real variables.

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5. Which of the following is correct? a. The short-run, but not the long-run, aggregate supply curve...