The short-run aggregate supply curve is positively sloped, since many input costs are slow to change in the short run.
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Q192: The idea behind the spending multiplier is
Q193: According to John Maynard Keynes, what determines
Q194: An increase in incomes of the countries
Q195: If an economy is in long-run equilibrium,
Q196: A(n) _ in government spending, a _
Q198: Short-run macroeconomic equilibrium has NOT occurred if
A)
Q199: Increased productivity causes the aggregate supply curve
Q200: An increase in interest rates will lead
Q201: Consumer spending is NOT affected by
A) wealth.
B)
Q202: If the market power of firms increases,
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