On the Long-Run Aggregate Supply Curve

question 248

Multiple Choice

On the long-run aggregate supply curve

• A)a decrease in the price level decreases the level of potential GDP.
• B)a decrease in the price level increases the aggregate quantity of GDP supplied.
• C)a decrease in the price level decreases the aggregate quantity of GDP supplied.
• D)a decrease in the price level has no effect on the aggregate quantity of GDP supplied.

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