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25 December, 21:01

Why is a long-run aggregate supply curve vertical?

A)

The Long-Run Aggregate Supply Curve measures the potential output.

B)

Changes in Real GDP effect the quantity of aggregate output supplied

greatly

C)

Changes in Real GDP has no effect on the quantity of aggregate output

supplied

D)

Changes in Aggregate Price Level has no effect on the quantity of

aggregate output supplied.

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Answers (1)
  1. 25 December, 23:46
    0
    A is the correct answer
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