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14-02-2020
Business

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The long-run aggregate supply curve is: a. horizontal because full employment output is independent of the price level. b. upward sloping because the economy grows over time. c. downward sloping because rising prices reduce real wealth and spending. d. vertical because full employment output is independent of the price level. e. upward sloping because as the price level rises, firms will increase output.

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14-02-2020

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