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

Question 83

Question 83

Multiple Choice

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


A) a downward sloping line relating prices and output.
B) an upward sloping line relating prices and output.
C) a horizontal line at the current level of price.
D) a vertical line at full employment.

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