Which of the Following Is True About the Long- Run

question 289

Multiple Choice

Which of the following is true about the long- run aggregate supply curve?

• A) It is vertical at the level of potential GDP.
• B) It does not shift in response to temporary changes in aggregate demand.
• C) It shows the relationship between the price level and real GDP when wages and other costs are at an equilibrium level.
• D) All of the above are true.

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Definitions:

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In bondage and discipline, a woman who specializes in “disciplining” a submissive partner.

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