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Economics 11th Edition by William McEachern
Edition 11ISBN: 978-1305505469Economics 11th Edition by William McEachern
Edition 11ISBN: 978-1305505469 Exercise 1
LONG-RUN AGGREGATE SUPPLY The long-run aggregate supply curve is vertical at the economy's potential output level. Why is the long-run aggregate supply curve located at this output rather than below or above potential output?
Explanation
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Vertical long-run aggregate supply curve...
Economics 11th Edition by William McEachern
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