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If input prices change at exactly the same rate as output prices, the aggregate supply curve will be vertical.

joanne1718

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5 years ago

If input prices change at exactly the same rate as output prices, the aggregate supply curve will be vertical.

Question 1.

The rationale underlying policies to deregulate the economy is that these policies would

▸ increase aggregate demand.

▸ decrease short-run aggregate supply.

▸ decrease aggregate demand.

▸ increase short-run aggregate supply.

Question 2.

If input prices change at exactly the same rate as output prices, the aggregate supply curve will be vertical.

▸ true

▸ false

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

Read 71 times

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Brittany08196

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5 years ago

More solutions for this book are available here

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joanne1718 Author

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5 years ago

This helped my grade so much Perfect

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Brilliant ツ

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