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Business, 25.11.2021 14:10 bravomichelle75

The shape of the short-run aggregate supply curve is: a. horizontal, because wages adjust at the same rate as the price level.
b. vertical, because wages adjust at the same rate as the price level.
c. upsloping, because wages adjust more rapidly than the price level.
d. upsloping, because wages adjust more slowly than the price level.

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The shape of the short-run aggregate supply curve is: a. horizontal, because wages adjust at the...

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