5 The SRAS curve is upward rising because A a higher

Last updated: 12/6/2023

5 The SRAS curve is upward rising because A a higher aggregate price level leads to lower output as costs of production increase B a higher aggregate price level leads to higher output since most production costs are fixed in the short run a lower aggregate price level leads to higher output since production costs tend to fall in the short run D a lower aggregate price level leads to higher profit and higher productivity