Drawing the LRAS Curve as a Thick Line Indicates That

question 210

Multiple Choice

Drawing the LRAS curve as a thick line indicates that there is a range of levels of

• A) output that are compatible with inflation rate stability.
• B) inflation that are compatible with output stability.
• C) planned aggregate expenditure that are compatible with GDP growth rate stability.
• D) consumption that are compatible with planned aggregate expenditure stability.
• E) output that are compatible with consumption stability.

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