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If Workers and Other Resource Suppliers Negotiate Higher Resource Payments,which

Question 148

Multiple Choice

If workers and other resource suppliers negotiate higher resource payments,which of the following is true?


A) The long-run aggregate supply curve will shift rightward.
B) There will be a leftward movement along a fixed short-run aggregate supply curve.
C) The long-run aggregate supply curve will shift leftward.
D) The short-run aggregate supply curve will shift rightward.
E) Higher resource payments will cause the price level to rise.

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