Multiple Choice
The long-run aggregate supply curve is represented by a vertical line at the Solow growth rate because:
A) growth depends on the rate of inflation in the long run.
B) there is an underlying assumption of long-run money neutrality.
C) growth is affected by changes in the money supply in the long run.
D) growth is not affected by the factors of production.
Correct Answer:
Verified
Correct Answer:
Verified
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