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    Exam 38: Extending the Analysis of Aggregate Supply
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    In the Short Run, the Price Level Is Assumed to Be
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In the Short Run, the Price Level Is Assumed to Be

Question 98

Question 98

Multiple Choice

In the short run, the price level is assumed to be


A) fixed, along with input prices.
B) flexible, but input prices are not.
C) flexible, along with input prices.
D) fixed, but input prices are flexible.

Correct Answer:

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