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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 Change at Exactly the Same Rate as Output
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If Input Prices Change at Exactly the Same Rate as Output

Question 136

Question 136

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If input prices change at exactly the same rate as output prices, the aggregate supply curve will be vertical.

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