Multiple Choice
-In the above figure, the economy is at point A and the money wage rate falls by 10 percent. If the price level is constant, firms will be willing to supply output equal to
A) more than $12.0 trillion
B) $12.0 trillion
C) less than $12.0 trillion
D) Without more information, it is impossible to determine which of the above answers is correct.
Correct Answer:

Verified
Correct Answer:
Verified
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