The aggregate supply curve describes the same relationship between price and quantity as a microeconomic supply curve.
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Q175: A positive demand shock will
A) shift the
Q176: Q177: If there is a positive demand shock,which Q178: According the AS/AD model,in the long run,expansionary Q179: Stagflation is caused by Q180: The economy's long run aggregate supply curve Q181: The phenomenon of wages in many industries Q182: In the long run Q183: The aggregate demand curve slopes downward for Q185: ]Which of the following describes what would
A) a negative supply
A)
A) both supply and
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