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sinerus sinerus
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6 years ago
Which one of the following statements is true?
A) In the long run, the aggregate supply curve is horizontal.
B) In the short run, the level of output is determined by demand.
C) In the long run, the level of output is determined by demand.
D) Where aggregate demand and aggregate supply intersect is always the full-employment level of output.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Quinn1981Quinn1981
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6 years ago
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