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If all prices are stuck at a predetermined level, then when a short-run aggregate supply curve is drawn with real GDP ( Y ) along
If all prices are stuck at a predetermined level, then when a short-run aggregate supply curve is drawn with real GDP (Y) along the horizontal axis and the price level (P) along the vertical axis, this curve:
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slopes upward and to the right.
slopes downward and to the right.
is vertical.
is horizontal.
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