If Wages Are Sticky,then a Greater Than Expected Increase in the Price

Multiple Choice

If wages are sticky,then a greater than expected increase in the price level

A) raises the real costs of production,so the short-run aggregate supply curve shifts left.
B) raises the real costs of production,so the aggregate quantity of goods and services declines.
C) reduces the real costs of production,so the short-run aggregate supply curve shifts right.
D) reduces the real costs of production,so the aggregate quantity of goods and services rises.