If wages are flexible,the long-run aggregate supply curve is vertical.

Name: If wages are flexible,the long-run aggregate supply curve is vertical.
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If wages are flexible, then firms can adjust them in response to changes in the price level. This means that there is no cost-push inflation, as wages adjust to changes in the price level, and the long-run aggregate supply curve is vertical. This is known as the classical view of the economy.

If Wages Are Flexible,the Long-Run Aggregate Supply Curve Is Vertical