Multiple Choice
Use the following to answer questions.
Exhibit: Aggregate Production Function, Labor Market, and LRAS 
-(Exhibit: Aggregate Production Function, Labor Market, and LRAS) In Panel (c) , the position of the long-run aggregate supply curve is determined by
A) the economy's potential output and its aggregate production function.
B) the economy's potential output and the demand and supply curves for labor.
C) the price level and potential output.
D) the price level and the demand and supply curves for labor.
Correct Answer:
Verified
Correct Answer:
Verified
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