Multiple Choice
If the AS curve is vertical,then it follows that
A) Real GDP changes will always arise from the supply side of the economy.
B) Real GDP changes will always arise from the demand side of the economy.
C) Price level changes will always arise from the demand side of the economy.
D) Price level changes will always arise from the supply side of the economy.
E) a and c
Correct Answer:
Verified
Correct Answer:
Verified
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