In the long run, the price level in an economy is determined solely by _____
A) the long-run aggregate supply curve.
B) the aggregate demand curve.
C) the amount of cyclical unemployment in the economy.
D) the short-run aggregate supply curve.
E) the actual output level.

Question

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The Answer of In the long run, the price level in an economy is determined solely by _____
A) the long-run aggregate supply curve.
B) the aggregate demand curve.
C) the amount of cyclical unemployment in the economy.
D) the short-run aggregate supply curve.
E) the actual output level.

In the Long Run, the Price Level in an Economy