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    Exam 6: Modelling Real Gdp and the Price Level in the Long Run
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    The Long-Run Aggregate Supply Curve
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The Long-Run Aggregate Supply Curve

Question 86

Question 86

Multiple Choice

The long-run aggregate supply curve


A) shows that at higher prices,potential output increases.
B) slopes up and to the right.
C) shows that long-run aggregate supply equals potential output.
D) s very sensitive to changes in the price level.

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