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    Essentials of Economics Study Set 4
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    Exam 11: Aggregate Supply and Demand
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    One Explanation for Why the AS Curve Slopes Upward Is
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One Explanation for Why the AS Curve Slopes Upward Is

Question 91

Question 91

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One explanation for why the AS curve slopes upward is that when the output level rises,producers experience increased costs such as higher wages.

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