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    Macroeconomics Study Set 17
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    Exam 13: Aggregate Demand and Aggregate Supply Analysis
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    Explain How Menu Costs Affect the Slope of the Short-Run
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Explain How Menu Costs Affect the Slope of the Short-Run

Question 193

Question 193

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Explain how menu costs affect the slope of the short-run aggregate supply curve.

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Menu costs make some prices sticky.As th...

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