Multiple Choice
Which of the following is true about the long- run aggregate supply curve?
A) It is vertical at the level of potential GDP.
B) It does not shift in response to temporary changes in aggregate demand.
C) It shows the relationship between the price level and real GDP when wages and other costs are at an equilibrium level.
D) All of the above are true.
Correct Answer:

Verified
Correct Answer:
Verified
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