What is the relationship between an economys production possibilities curve and its long-run aggregate supply curve? Why
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What is the relationship between an economy’s production possibilities curve and its long-run aggregate supply curve? Why is the long-run aggregate supply curve vertical?
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In the long run the major factors influencing aggregate supply are 1 the size of the resour...View the full answer
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Related Book For 
Macroeconomics Private And Public Choice
ISBN: 9780357134009
17th Edition
Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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