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The shape of the LAS curve is different from the SAS curve, because the LAS considers long-run adjustments in ____________but the SAS only reflects short-run
The shape of the LAS curve is different from the SAS curve, because the LAS considers long-run adjustments in ____________but the SAS only reflects short-run changes in ____________. Question 24Select one: A. input and output markets; output markets B. business investments; governmental purchases C. the behavior of all economic agents; business investments D. the output market for all goods and services; service industries E. all output markets; consumer markets
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International Business Competing in the Global Marketplace
Authors: Charles W. L. Hill
11th edition
1259578119, 978-1259578113
