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The Flatter the Short-Run Aggregate Supply Curve

Question 34

Multiple Choice

The flatter the short-run aggregate supply curve,


A) the flatter the aggregate demand curve
B) the larger the value of the spending multiplier
C) the smaller the value of the spending multiplier
D) the larger the impact of a shift in aggregate demand on the equilibrium price level
E) the larger the impact of a shift in aggregate demand on the equilibrium output level

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