The Polish Experience Indicates That

question 62

Multiple Choice

The Polish experience indicates that

• A)the aggregate supply curve is vertical, even in the short run.
• B)changes in the expected price level do not affect aggregate supply.
• C)the transition from a centrally planned to a market economy can result in an upward shift in the short-run aggregate supply curve.
• D)increases in the factor productivity will shift the long-run aggregate supply curve to the left.

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