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    Business
  3. Study Set
    Principles of Macroeconomics Study Set 12
  4. Exam
    Exam 11: The Determination of Aggregate Output, the Price Level, and the Interest Rate
  5. Question
    In the Long Run
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In the Long Run

Question 173

Question 173

Multiple Choice

In the long run


A) the level of output is independent of the price level.
B) the level of output is depends on the price level.
C) price and output levels are mutually dependent.
D) the price level is independent of the level of output.

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