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    Economics Study Set 8
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    Exam 26: The Keynesian Short-Run Policy Model: Demand-Side Policies
  5. Question
    The Short-Run Aggregate Supply Curve Is Upward Sloping in Part
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The Short-Run Aggregate Supply Curve Is Upward Sloping in Part

Question 30

Question 30

True/False

The short-run aggregate supply curve is upward sloping in part because increases in aggregate demand cause some firms to increase their price markups.

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