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    Exam 23: Real Gdp and the Price Level in the Short Run
  5. Question
    If the Economy's AS Curve Is Vertical,the Multiplier in the AD/AS
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If the Economy's AS Curve Is Vertical,the Multiplier in the AD/AS

Question 25

Question 25

Multiple Choice

If the economy's AS curve is vertical,the multiplier in the AD/AS model is


A) infinitely large.
B) equal to the simple multiplier.
C) smaller than the simple multiplier.
D) zero.
E) negative.

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