Multiple Choice
If workers demand and receive higher real wages (a successful wage push) ,the cost of production ________ and the short-run aggregate supply curve shifts ________.
A) rises;leftward
B) rises;rightward
C) falls;leftward
D) falls;rightward
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q28: Suppose the economy is producing at the
Q29: The aggregate supply curve is the total
Q30: A permanent negative supply shock leads to
Q31: Everything else held constant,an increase in the
Q32: Positive spending shocks lead to _ output
Q34: Explain and demonstrate graphically the effects of
Q35: Suppose the economy is producing at the
Q36: Explain through the component parts of aggregate
Q37: Suppose the economy is producing at the
Q38: An autonomous monetary policy easing _ real