Explain why the long-run aggregate supply curve is vertical….

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Question Explain why the long-run aggregate supply curve is vertical…. Image transcription text49) Explain why the long-run aggregate supply curve is vertical. Answer: In the long run, the economy operatesat full employment, and changes in the price level do not affect employment. Because the level offull-employment output does not depend on the price level, long-run aggregate supply is unaffect… Show more… Show more Business Economics Share QuestionEmailCopy link This question was created from Exam 4.doc Comments (0)