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    Macroeconomics Study Set 12
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    Exam 8: Aggregate Demand, aggregate Supply, and the Great Depression
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    At Any AD/SAS Intersection to the Left of LAS,excess ________
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At Any AD/SAS Intersection to the Left of LAS,excess ________

Question 77

Question 77

Multiple Choice

At any AD/SAS intersection to the left of LAS,excess ________ in the labor market is putting ________ pressure on the nominal wage.


A) supply,upward
B) supply,downward
C) demand,upward
D) demand,downward

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