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    Macroeconomics Policy and Practice
  4. Exam
    Exam 11: Aggregate Supply and the Phillips Curve
  5. Question
    In the Long Run ________
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In the Long Run ________

Question 71

Question 71

Multiple Choice

In the long run ________.


A) the aggregate supply is vertical with respect to output
B) the Phillips curve is vertical with respect to unemployment
C) fluctuations in the inflation rate have no impact on output and unemployment
D) all of the above
E) none of the above

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