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Business, 25.11.2020 14:30 alijancaz8812

A vertical aggregate supply curve: a. Reflects the inflexibility of prices and wages.
b. Implies that aggregate demand shifts have no impact on output.
c. Implies that supply-side policies will have no effect on the macro equilibrium.
d. Is likely in the short run.

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A vertical aggregate supply curve: a. Reflects the inflexibility of prices and wages.
b. Imp...
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