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An Adjustment "Asymmetry" in Aggregate Supply Is

Question 1

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An adjustment "asymmetry" in aggregate supply is


A) the concave shape of the AS curve.
B) the convex shape of the AS curve.
C) the difference in speed of a rightward shift versus a leftward shift (when wages adjust to output gaps) .
D) the difference in speed of increases in factor prices versus wage rates (when wages adjust to output gaps) .
E) the difference in speed of decreases in output levels.

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