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Question: Which of the following is correct?  The short-run, but not the long aggregate supply curve is con...

Show transcribed image text Which of the following is correct? The short-run, but not the long aggregate supply curve is consistent with the idea that nominal variables do not affect real variables. The long-run, but not the short-run, aggregate supply curve is consistent with the that nominal variables do not affect variables. The long-run and short-run supply curves are consistent with the idea that nominal variables affect real variables. Neither the long-run nor the short-run aggregate supply curve is consistent with the idea that nominal variables affect real variables.

Which of the following is correct? The short-run, but not the long aggregate supply curve is consistent with the idea that nominal variables do not affect real variables. The long-run, but not the short-run, aggregate supply curve is consistent with the that nominal variables do not affect variables. The long-run and short-run supply curves are consistent with the idea that nominal variables affect real variables. Neither the long-run nor the short-run aggregate supply curve is consistent with the idea that nominal variables affect real variables.