Multiple Choice
Use Figure: Macroeconomic Equilibrium. The figure shows four different macroeconomic equilibria for an economy. Which one of the following can shift the macroeconomic equilibrium from point D to point A?
Figure: Macroeconomic Equilibrium
A) The nominal wage of workers increases.
B) The nominal wage of workers decreases.
C) Business taxes increase.
D) The money supply decreases.
Correct Answer:
Verified
Correct Answer:
Verified
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