The Aggregate Supply Curve can be viewed two different ways: The Long Run and the Short Run. Which of the following illustrates the difference between the Long-Run & Short-Run?
AWages are constant in the Short-Run.
BWages are constant in the Long-Run.
CWages are flexible in the Short-Run.
AWages are constant in the Short-Run.
BWages are constant in the Long-Run.
CWages are flexible in the Short-Run.