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The Long-Run Aggregate Supply Relationship Refers To

Question 200

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The long-run aggregate supply relationship refers to:


A) ​a time period long enough for the prices of both outputs and inputs to adjust to changes in the economy.
B) ​any time period of more than a year.
C) ​a time period in which input prices can change, but output prices have not had time to adjust.
D) ​a time period in which output prices can change but input prices have not had time to adjust.

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