Multiple Choice
The LRAS curve is ____ with real output levels that ____.
A) upward sloping; vary positively with the price level
B) upward sloping; vary negatively with the price level
C) vertical; are equal to the natural level of real output at all price levels
D) vertical; can be either greater than or less than the natural level of real output
Correct Answer:
Verified
Correct Answer:
Verified
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