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Which of the Following Statements About the Long-Run Aggregate Supply

Question 24

Multiple Choice

Which of the following statements about the long-run aggregate supply curve is the most accurate?


A) It is upward sloping.
B) The level of real GDP supplied changes as input prices change.
C) The level of real GDP supplied changes with the levels of capital, land, labour, and technology available to the economy.
D) The LRAS shifts when the SRAS shifts.

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