Question: Please anser this multiple choice question 1) On the long-run aggregate supply curve A) a decrease in the price level has no effect on the

Please anser this multiple choice question

1) On the long-run aggregate supply curve

A) a decrease in the price level has no effect on the aggregate quantity of GDP supplied.

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 decreases the level of potential GDP.

2) As firms hire additional units of labor, eventually the marginal revenue product will always decrease.

A) True

B) False

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