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    Macroeconomics Study Set 48
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    Exam 12: Aggregate Demand and Aggregate Supply
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    If All Prices, Including the Nominal Wage Rate, Double in the Long
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If All Prices, Including the Nominal Wage Rate, Double in the Long

Question 244

Question 244

Multiple Choice

If all prices, including the nominal wage rate, double in the long run, then aggregate output supplied will:


A) double.
B) rise.
C) fall.
D) remain unchanged.

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