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5. Increases in productivity will A. cause the price level to rise. impact short-run aggregate supply (SRAS) but not long-run aggregate supply (LRAS). C. impact
5. Increases in productivity will A. cause the price level to rise. impact short-run aggregate supply (SRAS) but not long-run aggregate supply (LRAS). C. impact aggregate demand (AD) but not aggregate supply (AS). D. increase LRAS. wi increase the price level and AS
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Managerial Economics and Strategy
Authors: Jeffrey M. Perloff, James A. Brander
1st edition
978-0137036059, 133379094, 321566440, 137036051, 9780133379099, 978-0321566447
