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    Macroeconomics Principles Applications
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    Exam 15: Modern Macroeconomics: From the Short Run to the Long Run
  5. Question
    In an Aggregate Supply and Aggregate Demand Diagram, the Short-Run
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In an Aggregate Supply and Aggregate Demand Diagram, the Short-Run

Question 138

Question 138

Multiple Choice

In an aggregate supply and aggregate demand diagram, the short-run aggregate supply curve is represented by


A) a downward sloping line relating prices and output.
B) a steeply upward sloping line relating prices and output.
C) an upward sloping but relatively flat line.
D) a vertical line at full employment.

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