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If the short-run aggregate supply curve is horizontal, then changes in aggregate demand affect: A) prices but not level of output. B) level of
If the short-run aggregate supply curve is horizontal, then changes in aggregate demand affect: A) prices but not level of output. B) level of output but not prices. both prices and level of output. D) neither prices nor level of output. C)
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Introduction to Managerial Accounting
Authors: Peter Brewer, Ray Garrison, Eric Noreen
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