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    Economics Today
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    Exam 8: Modelling Real Gdp and the Price Level in the Short Run
  5. Question
    If the Price Level Kept Decreasing,the Short-Run Aggregate Supply Curve
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If the Price Level Kept Decreasing,the Short-Run Aggregate Supply Curve

Question 70

Question 70

Multiple Choice

If the price level kept decreasing,the short-run aggregate supply curve would get ________ because we could hire any and all resources at the going rate without increasing prices or the price of inputs.


A) steeper
B) flatter
C) indefinite
D) vertical

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