Question: Which statement is correct? Select the best answer. Answer Keypad Keyboard Shortcuts The AS diagram's vertical axis shows the rate of inflation. The ability of

Which statement is correct? Select the best answer. Answer Keypad Keyboard Shortcuts The AS diagram's vertical axis shows the rate of inflation. The ability of industries to produce is limited only by the price level. O In the AS curve's intermediate portion, the increase in real GDP in response to a rise in the price level is not as large as in the far leftward portion

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