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    Exam 12: Aggregate Demand and Aggregate Supply
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    The Long Run in Macroeconomic Analysis Is a Period
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The Long Run in Macroeconomic Analysis Is a Period

Question 215

Question 215

Multiple Choice

The long run in macroeconomic analysis is a period:


A) in which nominal wages and other prices are flexible.
B) in which wages are sticky.
C) of less than one year.
D) of one to two years.

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