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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
    The Positive Relationship Between the ________ Function and the Price
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The Positive Relationship Between the ________ Function and the Price

Question 60

Question 60

Multiple Choice

The positive relationship between the ________ function and the price level suggests that,in the short run,firms produce more output as the price levels rises.


A) long-run aggregate supply
B) short-run aggregate supply
C) aggregate demand
D) investment demand

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