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A vertical long-run aggregate supply curve indicates that an increase in the price level will not expand an economy'soutput capacity in the long run. outputs

A vertical long-run aggregate supply curve indicates that

an increase in the price level will not expand an economy'soutput capacity in the long run.

outputs greater than the long-run supply constraint cannot beachieved.

an increase in the price level will permit the economy toachieve a higher level of output.

an increase in the price level will promote technological changeand more rapid economic growth.

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