Explain why assumed causality should be considered flawed, Microeconomics

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Explain why assumed causality should be considered flawed

Problem

According to your textbook in the Aggregate Supply (AS) theory an increase in output leads to an increase in the price level. What is the assumed causality? Explain why this should be considered flawed?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Explain why assumed causality should be considered flawed

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Microeconomics: Explain why assumed causality should be considered flawed

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