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    Exam 3: Classical Macroeconomics I: Output and Employment
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    A Vertical Aggregate Supply Schedule Implies That
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A Vertical Aggregate Supply Schedule Implies That

Question 10

Question 10

Multiple Choice

A vertical aggregate supply schedule implies that


A) real wages cannot impact output.
B) unemployment cannot impact output.
C) aggregate demand is horizontal.
D) the price level does not impact output.

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