Explain why the SAS curve slopes upward and the LAS curve is vertical.

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Macroeconomics Canada In The Global Environment

ISBN: 9780321931207

9th Edition

Authors: Michael Parkin, Robin Bade

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Question Posted: Jan 09, 2023 04:07 AM

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Explain why the SAS curve slopes upward and the LAS curve is vertical.

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The SAS curve applies in the short run the LAS curve applies in the long run When the price lev...View the full answer

Macroeconomics Canada In The Global Environment

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