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The Upward-Sloping Aggregate Supply Curve Represents

Question 34

Multiple Choice

The upward-sloping aggregate supply curve represents


A) increases in national output that are accompanied by decreases in the average price level.
B) increases in national output but a fixed price level.
C) increases in the average price level but fixed national output.
D) increases in national output that are accompanied by increases in the average price level.
E) fixed national output and a fixed price level.

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