Multiple Choice
Use the table below to answer the following questions.
Table 26.3.3
-Refer to Table 26.3.3. When the economy is at its short-run macroeconomic equilibrium,
A) the unemployment rate is below its natural rate.
B) the unemployment rate is above its natural rate.
C) the money wage rate will rise.
D) the long-run aggregate supply curve will shift eventually shift leftward to return to full employment.
E) potential GDP will eventually increase.
Correct Answer:

Verified
Correct Answer:
Verified
Q34: We observe an increase in the price
Q35: An increase in the money wage rate
Q36: We observe a decrease in the price
Q37: Use the figure below to answer the
Q38: The long-run aggregate supply curve is vertical
Q40: Use the figure below to answer the
Q41: Foreign exchange dealers expect the Canadian dollar
Q42: Use the figure below to answer the
Q43: Everything else remaining the same, an increase
Q44: Use the table below to answer the