The short run aggregate supply curve is upward sloping and very steep.
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Q165: Goods and services with custom prices have
Q166: An increase in taxes shifts aggregate demand
Q167: A decrease in the price level causes
Q168: The marginal propensity to consume is always
Q169: If prices are sticky, output in an
Q171: An increase in the price level lowers
Q172: A large technological improvement will shift the
Q173: In the short run, higher taxes will
Q174: In the long run, higher taxes will
Q175: The aggregate demand curve is downward sloping
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