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Match the following descriptions with the correct aggregate supply curve. a. Immediate short run check all that apply 1 Output prices are flexible, but input
Match the following descriptions with the correct aggregate supply curve.
a. Immediate short run
check all that apply 1
- Output prices are flexible, but input prices are fixed.unanswered
- A horizontal line.unanswered
- The price level is fixed.unanswered
- An upsloping curve.unanswered
- A vertical line.unanswered
- Output is fixed.unanswered
b. Short run
check all that apply 2
- A horizontal line.unanswered
- Output is fixed.unanswered
- Output prices are flexible, but input prices are fixed.unanswered
- A vertical line.unanswered
- The price level is fixed.unanswered
- An upsloping curve.unanswered
c. Long run
check all that apply 3
- Output is fixed.unanswered
- An upsloping curve.unanswered
- A vertical line.unanswered
- A horizontal line.unanswered
- The price level is fixed.unanswered
- Output prices are flexible, but input prices are fixed.
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Applied Statistics From Bivariate Through Multivariate Techniques
Authors: Rebecca M. Warner
2nd Edition
141299134X, 978-1412991346
