Multiple Choice
During 2010,a country reports that its price level fell and the money wage rate did not change.These changes led to
A) a higher real wage rate,lower profits,and a decrease in the quantity of real GDP supplied.
B) a higher real wage rate,higher profits,and an increase in the quantity of real GDP supplied.
C) a lower real wage rate,lower profits,and a decrease in the quantity of real GDP supplied.
D) a lower real wage rate,higher profits,and an increase in the quantity of real GDP supplied.
E) no change in the real wage rate and an increase in aggregate demand.
Correct Answer:

Verified
Correct Answer:
Verified
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