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MMLU / Which is the best way to describe the AS curve in the long run?

Problem

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question

Which is the best way to describe the AS curve in the long run?

choices

  1. Always vertical in the long run.
  2. Always upward sloping because it follows the Law of Supply.
  3. Always horizontal.
  4. Always downward sloping.

subject

high_school_macroeconomics

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