Multiple Choice
-In the figure above,the economy is at an equilibrium with real GDP of $16 trillion and a price level of 110.As the economy moves toward its ultimate equilibrium,the ________ curve shifts ________ because ________.
A) aggregate supply;leftward;the money wage rate rises
B) aggregate supply;rightward;the money wage rate falls
C) aggregate demand;rightward;the money wage rate falls
D) aggregate demand;leftward;the money wage rate rises
E) potential GDP;leftward;the money wage rate falls
Correct Answer:

Verified
Correct Answer:
Verified
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