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Author Question: Does inflation result from increases in aggregate demand, short-run aggregate supply, or long-run ... (Read 205 times)

rl

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Does inflation result from increases in aggregate demand, short-run aggregate supply, or long-run aggregate supply?
 
  What will be an ideal response?

Question 2

The efficient level of paper production will occur where the
 
  A) marginal private benefit from consuming paper is equal to the marginal social cost of production.
  B) marginal social benefit from consuming paper is equal to the marginal social cost of production.
  C) production of paper no longer produces negative externalities.
  D) economically efficient level of the output of paper is equal to the economically efficient level of inputs.


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iman

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rl

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


okolip

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Reply 3 on: Yesterday
Excellent

 

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