When potential GDP increases, short-run aggregate supply also increases, but long-run aggregate supply does not change. True

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When potential GDP increases, short-run aggregate supply also increases, but long-run aggregate supply does not change.

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Macroeconomics Principles Applications And Tools

ISBN: 9780134089034

7th Edition

Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez

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Posted Date: Jan 26, 2024 06:30 AM

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When potential GDP increases, short-run aggregate supply also increases, but long-run aggregate supply does not change. True

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Macroeconomics Principles Applications And Tools

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