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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 55
The long-run aggregate supply curve is based on the assumption that
A) both the price level and nominal incomes are fixed.
B) prices are flexible after one year.
C) both the price level and nominal incomes change by the same percentage.
D) potential GDP is undermined.
A) both the price level and nominal incomes are fixed.
B) prices are flexible after one year.
C) both the price level and nominal incomes change by the same percentage.
D) potential GDP is undermined.
Explanation
Verified
Verified
Therefore, the correct answer ...
Economics for Today 9th Edition by Irvin Tucker
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