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    Principles of Macroeconomics Study Set 8
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    Exam 20: Aggregate Demand and Aggregate Supply: The Aggregate-Supply Curve
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    Other Things the Same,if Workers and Firms Expected Inflation to Be
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Other Things the Same,if Workers and Firms Expected Inflation to Be

Question 4

Question 4

Multiple Choice

Other things the same,if workers and firms expected inflation to be 2%,but it is only 1% then


A) employment and production rise.
B) employment rises and production falls.
C) employment falls and production rises.
D) employment and production fall.

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