Multiple Choice
Changes in the price level
A) increase the level of aggregate supply in the long run.
B) decrease the level of aggregate supply in the long run.
C) do not affect the level of aggregate supply in the long run.
D) increase the level of aggregate supply in the long run only at very high levels of output.
E) increase the level of aggregate supply in the long run only at very low levels of output.
Correct Answer:
Verified
Correct Answer:
Verified
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