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johnpaul92 johnpaul92
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8 years ago
According to the misperceptions theory, the amount by which producers increase their output when the general price level rises depends on
A) the slope of the long-run aggregate supply curve.
B) how much they think their relative prices have increased.
C) the slope of the aggregate demand curve.
D) the size of the Solow residual.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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8 years ago
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johnpaul92 Author
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#2
8 years ago
This is incredible, wasn't expecting anyone to answer this one
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#3
8 years ago
Every little bit helps, right? Glad I solved your question
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