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    The long-run aggregate supply (LRAS) curve

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    The long-run aggregate supply curve is vertical at the economy's potential output level. Why is the long-run aggregate supply curve located at his level of output rather than below or above the potential output level?

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    https://brainmass.com/economics/output-and-costs/long-run-aggregate-supply-curve-17224

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    The long-run aggregate supply (LRAS) curve relates the price level to real national income after wage rates and all other input costs have been fully adjusted to eliminate any ...

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    The long-run aggregate supply (LRAS) curve is described.

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