During 2010, a Country Reports That Its Price Level Fell

Multiple Choice

During 2010, a country reports that its price level fell and the money wage rate did not change. These changes lead to

A) a higher real wage rate, lower profits, and a decrease in the quantity of real GDP supplied.
B) a higher real wage rate, higher profits, and an increase in the quantity of real GDP supplied.
C) a lower real wage rate, lower profits, and a decrease in the quantity of real GDP supplied.
D) a lower real wage rate, higher profits, and an increase in the quantity of real GDP supplied.
E) no change in the real wage rate and an increase in aggregate demand.