The Long- Run Aggregate Supply Curve Is the Relationship Between

question 150

Multiple Choice

The long- run aggregate supply curve is the relationship between the quantity of real GDP supplied and _ _ when _ .

• A) the price level; real GDP equals potential GDP
• B) real GDP demanded; the wage rate is constant
• C) real GDP demanded; the price level does not change
• D) the price level; real GDP equals nominal GDP

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