3. The horizontal intercept of the long-run aggregate supply curve is a. at the origin. b. negative.

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3. The horizontal intercept of the long-run aggregate supply curve is

a. at the origin.

b. negative.

c. at potential output.

d. equal to the vertical intercept.

e. always the same as the horizontal intercept of the short-run aggregate supply curve.

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Krugmans Economics For Ap

ISBN: 9781429218276

2nd Edition

Authors: Margaret Ray, David A. Anderson

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