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Along the Aggregate Supply Curve

Question 62

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Along the aggregate supply curve


A) the horizontal part represents a situation where the economy is operating above full employment levels.
B) inflation would be a primary concern along the horizontal part of the aggregate supply curve.
C) the horizontal section of the aggregate supply curve represents the limit of production.
D) the middle, upward-sloping part of the aggregate supply curve would be associated with a growing economy that experienced increased prices from resources that are becoming relatively scarce.

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