In the long run, aggregate supply:
A) is dictated by the fixed costs of inputs.
B) is fixed.
C) is determined by the prices of final goods and services.
D) steadily increases.
Correct Answer:
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Q86: The long-run aggregate supply curve represents:
A) potential
Q87: Sticky wages cause the short-run aggregate supply
Q88: In macroeconomics, the long run refers to:
A)
Q89: "Sticky prices" refer to the fact that:
A)
Q90: When the long-run aggregate supply curve shifts
Q92: The long-run aggregate supply curve represents the
Q93: Sticky wages occur because:
A) the government intervenes
Q94: When the economy produces less than its
Q95: In the short run, the aggregate supply
Q96: The long-run aggregate supply curve would shift
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