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-Based on the Figure Above, the Aggregate Supply Curve Shifts

Question 1

Multiple Choice

-Based on the figure above, the aggregate supply curve shifts rightward and the potential GDP line does NOT change when A) both the price level and money wage rate rise by the same proportion. B) the price level falls. C) the money wage rate falls. D) the money wage rate rises. E) the price level rises.
-Based on the figure above, the aggregate supply curve shifts rightward and the potential GDP line does NOT change when


A) both the price level and money wage rate rise by the same proportion.
B) the price level falls.
C) the money wage rate falls.
D) the money wage rate rises.
E) the price level rises.

Correct Answer:

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