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Question 12 Which of the following explain why the Aggregate Supply curve is upward sloping? As the price level rises consumers are forced to work

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Question 12 Which of the following explain why the Aggregate Supply curve is upward sloping? As the price level rises consumers are forced to work longer hours to stay ahead of inflation. Demand and therefore sales increase as prices increase. Changes in wages and prices of other resources lag behind changes in product prices. All of the above. None of the above

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