Traditional Keynesians Argued That When Wages Are Rigid, Changes in Output

Multiple Choice

Traditional Keynesians argued that when wages are rigid, changes in output result in:

A) small changes in goods market prices and a flat aggregate supply curve.
B) large changes in goods market prices and a flat aggregate supply curve.
C) large changes in goods market prices and a steep aggregate supply curve.
D) small changes in goods market prices and a steep aggregate supply curve.
E) small changes in goods market prices and a horizontal aggregate demand curve.