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How is the long-run aggregate supply curve sloped? Explain.
Inconsistent Statement
An assertion that does not align or match with previous statements or facts, leading to a contradiction.
Truth Table
A table in logic that is utilized to assess if a complex statement is true or false by examining the truth values of its constituent parts.
Negation
The logical operation of denying or contradicting a statement or proposition, creating its opposite in meaning.
Tautology
A statement that is true by necessity or by virtue of its logical form, often involving redundancy.
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