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What Is Sometimes Called the "Long-Run Aggregate Supply Curve" Shows

Question 124

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What is sometimes called the "long-run aggregate supply curve" shows the relationship between the price level and aggregate supply over a time period long enough to permit


A) changes in the capital stock.
B) wages and other factor prices to adjust.
C) changes in technology to occur.
D) changes in the size of the resource base to occur.
E) population to increase.

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