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Which of the Following Is True About the Long-Run Aggregate

Question 32

Multiple Choice

Which of the following is true about the long-run aggregate supply curve?


A) It is vertical at the level of potential GDP.
B) It shows the relationship between the price level and real GDP when the economy is at full employment.
C) It does not shift in response to temporary changes in aggregate demand.
D) All of the above are true.

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