Solved

If There Is a Decrease in the Percentage of Employees

Question 164

Multiple Choice

If there is a decrease in the percentage of employees whose wages adjust automatically with changes in the price level, the aggregate supply curve will become


A) steeper.
B) flatter.
C) horizontal.
D) vertical.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q159: Refer to the information provided in Figure

Q160: Other things equal, a decrease in the

Q161: Sticky wages are one reason for the

Q162: If the economy is operating way below

Q163: The change in _ brought about by

Q165: What determines the slope of the aggregate

Q166: To increase the price level the government

Q167: The long-run aggregate supply curve reflects the

Q168: Which of the following would cause the

Q169: Related to the Economics in Practice on