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Author Question: If wages quickly adjust to price changes, the aggregate supply curve quickly becomes vertical. (Read 59 times)

Brittanyd9008

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on: Apr 19, 2019

Question 1

If the long-run aggregate supply curve is vertical, fiscal policy will have no effect on the price level.


◦ true
◦ false

Question 2

If wages quickly adjust to price changes, the aggregate supply curve quickly becomes vertical.


◦ true
◦ false
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Brittanyd9008 on Apr 19, 2019

zogaridan

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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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Brittanyd9008

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

smrtceo

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

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