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The AS curve becomes steeper whenever: A. potential output increases. B. the marginal propensity to consume increases. C. the Phillips Curve coefficient decreases. D. the
The AS curve becomes steeper whenever:
A. potential output increases.
B. the marginal propensity to consume increases.
C. the Phillips Curve coefficient decreases.
D. the Okun's coefficient decreases.
E. Both A and C are correct.
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