Question:

In the long run, the aggregate price level has:?

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A) no effect on the quantity of aggregate output.

B) a positive effect on the quantity of aggregate output.

C) a negative effect on the quantity of aggregate output.

D) an impact on aggregate output but no impact on employment

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  1. Price is what you pay. Value is what you get.

    Warren Buffet


  2. A) no effect on the quantity of aggregate output.
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