Sticky input prices and flexible output prices

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Reference no: EM131378530

The relationship between sticky input prices and flexible output prices explains:

the positive slope of both the short-run and long-run aggregate supply curves.

the negative slope of the short-run aggregate supply curve.

the vertical slope of the long-run aggregate supply curve.

the negative slope of the aggregate demand curve.

the positive slope of the short-run aggregate supply curve

Reference no: EM131378530

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