The long-run aggregate supply curve is vertical because it is at the full-employment or potential output. Because the economy's potential output is determined by the availability and productivity of real resources, not by the price level. That means that even if demand increases, firms can't hire new workers and expand because everyone is already working.
Which of the statements given below are correct? A) Georgia hosted the 2017 U-18 Baseball World Cup. B) In 2017, David Warner captained the IPL team Kings XI Punjab. C) In 2017, Jamie Vardy played for the Premier League team Manchester United.