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Author Question: When the aggregate supply curve is ________ the price of factors of production is fixed, with little ... (Read 29 times)

asd123

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Question 1

The quantity of output supplied at ________ is represented by the aggregate supply curve.


◦ varying interest rates
◦ a constant money supply
◦ different price levels
◦ various levels of GDP

Question 2

When the aggregate supply curve is ________ the price of factors of production is fixed, with little or no upward pressure on price.


◦ horizontal
◦ vertical
◦ upward sloping
◦ downward sloping


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Marked as best answer by asd123 on Apr 19, 2019

ilianabrrr

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