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On the Aggregate Supply Curve, When Short-Run Output Deviations Are πˉ\bar { \pi }

Question 30

Multiple Choice

On the aggregate supply curve, when short-run output deviations are equal to zero, the y-intercept is equal to:


A) πˉ\bar { \pi }
B) πt\pi _ { t }
C) πt1\pi _ { t - 1 }
D) 00
E) Y~\tilde { Y }

Correct Answer:

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