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For a given increase in aggregate demand, the steeper the slope of the short-run aggregate supply curve, the is the increase in the price level and the _is the multiplier effect on real GDP in the short run.
O A. smaller, smaller
O B. larger; smaller
O C. larger; larger
O D. smaller; larger
Explanation: The upward-sloping aggregate supply curve—also known as the short run aggregate supply curve—shows the positive relationship between price level and real GDP in the short run.
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