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Business, 28.08.2020 21:01 monsterduckgoose

The Long-Run Classical Macroeconomic Equilibrium model has a vertical Long-Run
Aggregate Supply Curve. What happens to the
price if the equilibrium price continues to
move up the LRAS curve?
A. The average price level will continue to drop.
B. The average price level will start to rise.
C. The average price level is unaffected.

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Answers: 2

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The Long-Run Classical Macroeconomic Equilibrium model has a vertical Long-Run
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