positive slope is the main slope of sras curve. sras curve is positively sloped because when price level increases then GDP also increases in the short run which means if wage increases then definitely demand will be increased hense we can say that national income (GDP) will rise definitely so here production of a purticular country wll be on the positive line during a short period. ( think i have given my answer ) thank you.
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there are three reasons why the SRAS curve is upward sloping Sticky wages theory Sticky Price Theory misperception theory
mainly the slope of Is curve depends on ; -the slope of investment schedule -the size of the multiplier
The LM curve has a positive slope because as interest rates increase, the quantity of money demanded decreases. This is because higher interest rates make borrowing more expensive, leading to a decrease in investment and consumption, which in turn reduces the demand for money.
Slope of a Curve A number which is used to indicate the steepness of a curve at a particular point.The slope of a curve at a point is defined to be the slope of the tangent line. Thus the slope of a curve at a point is found using the derivative
Actually, supply curve slops upward 9a positive slope). This is due to the fact that as price rises, suppliers would see more benefit in producing these goods (as being able to make more profit).