Question: The AS curve becomes steeper whenever: A. potential output increases. B. the marginal propensity to consume increases. C. the Phillips Curve coefficient decreases. D. the

The AS curve becomes steeper whenever:

A. potential output increases.

B. the marginal propensity to consume increases.

C. the Phillips Curve coefficient decreases.

D. the Okun's coefficient decreases.

E. Both A and C are correct.

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