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Author Question: If the economy is operating on the relatively vertical segment of the aggregate supply curve, an ... (Read 80 times)

ENagel

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on: Apr 19, 2019

Question 1

When the aggregate supply curve is ________ any increase in the price level will not cause an increase in aggregate output.


◦ horizontal
◦ vertical
◦ upward sloping
◦ downward sloping

Question 2

If the economy is operating on the relatively vertical segment of the aggregate supply curve, an increase in aggregate demand causes a small change in the ________ and a big change in ________.


◦ aggregate demand; aggregate supply
◦ aggregate supply; aggregate demand
◦ output; price level
◦ price level; output
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by ENagel on Apr 19, 2019

InfiniteSteez

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ENagel

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Reply 2 on: Apr 19, 2019
Excellent

Missbam101

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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