Multiple Choice
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If the money wage rate and the price level both rise by the same proportion, then in the figure above the potential GDP line -------------------- , and the aggregate supply curve -------------------- .
A) does not shift; shifts rightward
B) shifts rightward; does not shift
C) does not shift; shifts leftward
D) shifts rightward; shifts leftward
E) shifts rightward; shifts rightward
Correct Answer:
Verified
Correct Answer:
Verified
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