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Business, 19.10.2019 00:10 Vivi4558

The aggregate supply curve (short run) is upsloping because:
a. wages and other resource prices match changes in the price level.
b. the price level is flexible upward but inflexible downward.
c. per-unit production costs rise as the economy moves toward and beyond its full-employment real output.
d. wages and other resource prices are flexible upward but inflexible downward.

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The aggregate supply curve (short run) is upsloping because:
a. wages and other resource pri...
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