The Steeper the Short-Run Aggregate Supply Curve,_____

question 109

Multiple Choice

The steeper the short-run aggregate supply curve,_____.

• A)the steeper the aggregate demand curve
• B)the larger the value of the spending multiplier
• C)the larger the budget surplus
• D)the larger the impact of a shift in aggregate demand on the equilibrium price level
• E)the larger the impact of a shift in aggregate demand on the equilibrium output level

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