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    Macroeconomics Study Set 57
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    Exam 12: Aggregatedemand and Aggregate Supply
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    If the Prices of Goods and Services Increase, Long-Run Aggregate
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If the Prices of Goods and Services Increase, Long-Run Aggregate

Question 26

Question 26

Multiple Choice

If the prices of goods and services increase, long-run aggregate _______ will _______.


A) supply; increase
B) supply; decrease
C) supply; stay the same
D) demand; increase

Correct Answer:

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