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  3. Study Set
    Principles of Macroeconomics Study Set 12
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    Exam 11: The Determination of Aggregate Output, the Price Level, and the Interest Rate
  5. Question
    If Input Prices Changed at Exactly the Same Rate as Output
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If Input Prices Changed at Exactly the Same Rate as Output

Question 230

Question 230

Multiple Choice

If input prices changed at exactly the same rate as output prices, the aggregate supply curve would be


A) vertical.
B) upward sloping.
C) horizontal.
D) downward sloping.

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