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If the Money Wage and Other Resource Prices Do Not

Question 42

Multiple Choice

If the money wage and other resource prices do not change when the price level rises by 10 per cent, ________.


A) the long- run aggregate supply curve shifts rightward
B) the short- run aggregate supply curve shifts leftward
C) the long- run aggregate supply curve shifts leftward
D) there is a movement along the short- run aggregate supply curve

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