For the Coordination Failure Model to Work, It Must Be

Multiple Choice

For the coordination failure model to work, it must be the case that the aggregate labour demand curve must be

A) upward sloping and steeper than the labour supply curve.
B) upward sloping and flatter than the labour supply curve.
C) downward sloping and steeper than the labour supply curve.
D) downward sloping and flatter than the labour supply curve.
E) downward sloping and the labour supply curve upward sloping.