Moving Along the Potential GDP Line,when the Price Level Changes,the

Multiple Choice

Moving along the potential GDP line,when the price level changes,the
I.real wage rate stays at the full-employment equilibrium level.
Ii.money wage rate changes by the same percentage.
Iii.money prices of non-labor resources change by the same percentage.

A) i only
B) ii only
C) iii only
D) i and ii
E) i,ii,and iii