If the Aggregate Supply Curve Is Vertical in the Long-Run

question 91

True/False

If the aggregate supply curve is vertical in the long-run, then neither monetary nor fiscal policy will affect aggregate output in the long-run.

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Definitions:

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The 46th President of the United States, who took office on January 20, 2021, previously serving as Vice President from 2009 to 2017.

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A federal agency in the United States responsible for advising the president on national security and foreign policies.