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

Question 34

Multiple Choice

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

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