If the aggregate supply curve is upward sloping,then increases in aggregate demand lead to

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An upward sloping aggregate supply curve suggests that as aggregate demand increases, firms are able to increase their output by hiring more workers and using their existing capital equipment more intensively, but at higher costs. This increase in costs would prompt firms to raise their prices, leading to increases in the price level.

If the Aggregate Supply Curve Is Upward Sloping,then Increases in Aggregate