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Explain the demand-aggregate supply model

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Question: Within the aggregate demand-aggregate supply model, an increase in labor productivity increases the natural level of output but leaves the SAS curve unaffected; both increases the natural level of output and shifts the SAS curve; leaves the natural level of output unaffected but shifts the SAS curve; leaves both the natural level of output and the SAS curve unaffected.

Reference no: EM132181905

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