Multiple Choice
The figure above shows the aggregate supply curve and potential GDP.
-Based on the figure above,the aggregate supply curve shifts rightward and the potential GDP line does not change when
A) the money wage rate rises.
B) the price level rises.
C) the money wage rate falls.
D) the price level falls.
E) both the price level and money wage rate rise by the same proportion.
Correct Answer:
Verified
Correct Answer:
Verified
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