The steeper the SRAS curve,what can we conclude?
A) The more unemployment will change in the short run for a given change in AD.
B) The more real output will change in the short run for a given change in AD.
C) The more real output, unemployment, and the price level will change in the short run for a given change in AD.
D) The more the price level will change in the short run for a given change in AD.
Correct Answer:
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