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Answer as True, False, or Uncertain, and explain your choice. The natural level of output can be determined by looking at the aggregate supply relation alone.

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter8: Macroeconomic Equilibrium: Aggregate Demand And Supply

Section: Chapter Questions

Problem 16E

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Question

Answer as True, False, or Uncertain, and explain your choice.
The natural level of output can be determined by looking at the aggregate supply
relation alone.

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