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    Principles of Economics
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    Exam 33: Aggregate Demand and Aggregate Supply
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    All Explanations for the Upward Slope of the Short-Run Aggregate
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All Explanations for the Upward Slope of the Short-Run Aggregate

Question 161

Question 161

True/False

All explanations for the upward slope of the short-run aggregate supply curve suppose that the quantity of output supplied increases when the actual price level exceeds the price level that was expected.

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