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The Short-Run Aggregate Supply Curve Is Positively Sloped

Question 122

Multiple Choice

The short-run aggregate supply curve is positively sloped. Which of the following is not one of the explanations given in the text?


A) ​the misperception effect
B) ​Sticky wage theory
C) ​market effect
D) ​All of the above are explanations of the profit effect.

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