Business, 27.09.2019 10:10 emaleyhughes21

The sticky-price theory of the short-run aggregate supply curve says that when the price level is higher than expected, some firms will have
higher than desired prices, which leads to an increase in the aggregate quantity of goods and services supplied.
lower than desired prices, which leads to a decrease in the aggregate quantity of goods and services supplied
higher than desired prices, which leads to a decrease in the aggregate quantity of goods and service supplied.
lower than desired prices, which leads to an increase in the aggregate quantity of goods and services supplied.

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The sticky-price theory of the short-run aggregate supply curve says that when the price level is hi...

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