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The Long-Run Aggregate Supply Curve Illustrates the

Question 15

Multiple Choice

The long-run aggregate supply curve illustrates the


A) relationship of the price level and real GDP when the economy is at full employment.
B) relationship of aggregate supply and aggregate demand.
C) amount of products producers offer at various prices when money wages and other resource prices do not change.
D) surpluses, shortages and equilibrium level of GDP.

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