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The more slowly input prices adjust to changes in final-product prices, the _____ curve. a. more steep will be the negative slope of the short-run
The more slowly input prices adjust to changes in final-product prices, the _____ curve. a. more steep will be the negative slope of the short-run aggregate supply b. more horizontal will be the negative slope of long-run aggregate supply c. less steep will be the positive slope of the long-run aggregate supply d. less steep will be the positive slope of the long-run aggregate supply
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Macroeconomics
Authors: Charles I. Jones
4th Edition
393603767, 393603768, 9780393616125 , 978-0393603767
