Which of these is not assumed to be constant along a short-run aggregate supply curve?

A) The actual price level
B) The state of technology
C) The size and quality of the labor force
D) The expected price level
E) The size and quality of the capital stock

Expected Price Level

The anticipated average price of goods and services in an economy at a given future time, influencing consumer and business behavior.

Actual Price Level

Refers to the current general level of prices for goods and services in the economy, often measured by indices such as the Consumer Price Index (CPI).

State of Technology

Refers to the current level of technological development and innovation in a society or industry.