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    Fundamentals of Economics
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    Exam 12: Macroeconomic Equilibrium: Aggregate Demand and Supply
  5. Question
    Long-Run Aggregate Supply Increases as
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Long-Run Aggregate Supply Increases as

Question 42

Question 42

Multiple Choice

Long-run aggregate supply increases as


A) new production technology is introduced.
B) the quality of labor declines.
C) the average price level increases.
D) natural resources deplete.
E) corporate wage rates increase.

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