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kolitchko kolitchko
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6 years ago
If the coefficient a in the new classical expression for short-run aggregate supply were equal to zero
A) aggregate output would always be at its full-employment level.
B) the short-run aggregate supply curve would slope down.
C) the short-run aggregate supply curve would be a horizontal line.
D) aggregate output would only differ from its full-employment level if the actual price level did not equal the expected price level.
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Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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vehmeinvehmein
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6 years ago
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kolitchko Author
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6 years ago
You make an excellent tutor!
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Thanks
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Helped a lot
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