When the ________ decreases, then potential output decreases.
A) short-run aggregate supply
B) long-run aggregate supply
C) short-run aggregate demand
D) long-run aggregate demand
Correct Answer:
Verified
Q230: If the economy produces full employment output,
Q231: Refer to the information provided in Figure
Q232: In the long run
A) the level of
Q233: If _ equilibrium output _, the price
Q234: The long-run aggregate supply curve reflects the
Q236: Related to the Economics in Practice on
Q237: Potential output is the most that can
Q238: Related to the Economics in Practice on
Q239: Refer to the information provided in Figure
Q240: Long-run aggregate supply is equal to
A) short-run
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