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    Macroeconomics Study Set 46
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    Exam 24: Aggregate Demand and Aggregate Supply
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    When the Price Level Rises, the Long-Run Aggregate Supply Curve
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When the Price Level Rises, the Long-Run Aggregate Supply Curve

Question 44

Question 44

Multiple Choice

When the price level rises, the long-run aggregate supply curve ________.


A) slopes upward
B) does not shift
C) shifts rightward
D) shifts leftward

Correct Answer:

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