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In the long run O the aggregate supply curve is upward sloping. O real GDP is equal to potential GDP. O aggregate supply depends on
In the long run O the aggregate supply curve is upward sloping. O real GDP is equal to potential GDP. O aggregate supply depends on the price level. O All of these answers are correct.One reason that the aggregate demand curve has a negative slope is that when the domestic price level rises, O firms produce more goods and services. O firms produce fewer goods and services. O people substitute toward more imported goods and services. O peoples' wealth increases.An increase in the quantity of capital increases and increase in the full- employment quantity of labor increases O both the SAS and the LAS; only the SAS O both the SAS and the LAS; only the LAS O both the SAS and the LAS; both the SAS and the LAS O only the LAS; both the SAS and the LASThe quantity of real GDP supplied depends on the O level of aggregate demand. O quantity of capital, bonds, and stocks. O quantity of labor, the quantity of capital, and the state of technology. O price level, the unemployment rate, and the quantity of government expenditures on goods and services.Which of the following increases aggregate demand? O an increase in taxes O an increase in the quantity of money O an increase in the exchange rate O a decrease in government expenditures
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