PRIN.OF MACROECON.(LL)-W/ACCESS>CUSTOM<
PRIN.OF MACROECON.(LL)-W/ACCESS>CUSTOM<
8th Edition
ISBN: 9781337888059
Author: Mankiw
Publisher: CENGAGE C
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Chapter 20.4, Problem 4QQ

Sub part (a):

To determine

Why long-run aggregate supply curve is vertical.

Sub part (b):

To determine

Why short-run aggregate supply curve is slope upward.

Sub part (c):

To determine

Variable that shifts the long –run and short -run supply curve.

Sub part (d):

To determine

Variable that shifts the short -run supply curve.

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