True or False: The Keynesian aggregate AS curve has both a horizontal section and a vertical section. If a decline in consumption causes a shift of the AD curve along the vertical section, then actual Real GDP will fall short of Natural Real GDP.

Leading guitar string producer wound up inc. has enjoyed a competitive advantage based on its proprietary coating that gives its strings a clearer sound and longer lifespan than uncoated strings. one of wound up's competitors, however, has recently developed a similar coating using less expensive ingredients, which allows it to charge a lower price than wound up for similar-quality strings. wound up's competitive advantage is in danger due to a. a lack of perceived value b. a lack of organization c. direct imitation and substitution d. resource immobility