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The Short- Run Aggregate Supply Curve Is Upward Sloping Because

Question 442

Multiple Choice

The short- run aggregate supply curve is upward sloping because in the short run the


A) both the money wage rate and the price level change.
B) neither the money wage rate nor the price level can change.
C) price level changes but the money wage rate does not.
D) money wage rate changes but the price level does not.

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