Multiple Choice
-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) shifts rightward; does not shift
B) shifts rightward; shifts leftward
C) shifts rightward; shifts rightward
D) does not shift; shifts rightward
E) does not shift; shifts leftward
Correct Answer:
Verified
Correct Answer:
Verified
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