1. In this figure the aggregate supply curve is the AS in: a. the long run b....
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Question:
1. In this figure the aggregate supply curve is the AS in:
a. the long run
b. short run
c. barter economy
d. monetary economy.
2. if AD increases then
a. Aggregate supply falls
b. aggregate supply rises
c. the inflation rate falls
d. inflation rate rises
3. If AS increases then the inflation rate does what?
Related Book For
Macroeconomics Principles Applications And Tools
ISBN: 9780134089034
7th Edition
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
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