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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 66 times

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Brittany08196

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Posts: 368

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5 years ago

More solutions for this book are available here

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joanne1718 Author

wrote...

5 years ago

I appreciate what you did here, answered it right Smiling Face with Open Mouth

derya1234

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Yesterday

Good timing, thanks!

ofsuahasiufhoas

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2 hours ago

Thank you, thank you, thank you!

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