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The Short-Run Aggregate Supply Curve in Modern Keynesian Analysis Represents

Question 193

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The short-run aggregate supply curve in modern Keynesian analysis represents the relationship between


A) the real output of goods and services in the economy and the price level.
B) the real output of goods and services in the economy and the price level when people have fully adjusted their behavior.
C) the real output of goods and services in the economy and the price level when people have not fully adjusted their behavior.
D) the nominal output of goods and services and the real output of goods and services.

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