Multiple Choice
-The data in the above table show that when the price level is 120, if aggregate demand does not change then the
A) money wage rate will rise in the future.
B) money wage rate will fall in the future.
C) long-run aggregate supply curve will shift leftward.
D) short-run aggregate supply curve will shift leftward.
Correct Answer:

Verified
Correct Answer:
Verified
Q17: The quantity of real GDP demanded equals
Q303: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -In the above
Q304: When the exchange rises, then the<br>A) LAS
Q305: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -In the above
Q306: The intertemporal substitution effect refers to substitution
Q310: The price level in India increases from
Q311: The AD curve shows the sum of<br>A)
Q312: Which of the following decreases aggregate demand?<br>A)
Q313: Which of the following statements is TRUE?<br>A)
Q397: The short-run aggregate supply curve shows a