The short-run aggregate supply curve slopes upward because prices and wages are sticky.
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Q201: In the AD-AS model,both real and demand
Q202: A temporary decrease in spending decreases both
Q203: The short-run aggregate supply curve shows that
Q204: A positive shock to spending will shift
Q205: Decreased import growth represents a positive AD
Q207: Since changes in
Q208: A temporary decrease in spending decreases inflation
Q209: An unexpected increase in money growth increases
Q210: Lower taxes represent a negative AD shock.
Q211: In the AD-AS model,wages are sticky but
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