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The Long-Run Aggregate Supply Curve Shows That by Itself a Permanent

Question 30

Multiple Choice

The long-run aggregate supply curve shows that by itself a permanent change in aggregate demand would lead to a long-run change


A) in the price level and real GDP.
B) in the price level, but not real GDP.
C) in real GDP, but not the price level.
D) in neither the price level nor real GDP.

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