Multiple Choice
What is the relationship between the level of real GDP supplied and the price level along the long-run aggregate supply curve?
A) Real GDP supplied decreases with increases in the price level.
B) Real GDP supplied does not change with increases in the price level.
C) Real GDP supplied increases with increases in the price level.
D) Real GDP supplied increases with decreases in the price level.
Correct Answer:
Verified
Correct Answer:
Verified
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