If there are sticky wages, and the price level is greater than what was expected,
a. the quan...
Business, 02.01.2020 16:31 aliviadushane
If there are sticky wages, and the price level is greater than what was expected,
a. the quantity of aggregate goods and services supplied falls, as shown by a movement to the left along the short-run aggregate supply curve.
b. the quantity of aggregate goods and services supplied rises, as shown by a movement to the right along the short-run aggregate supply curve.
c. the quantity of aggregate goods and services supplied falls, which is shown by a shift of the short-run aggregate supply curve to the left.
d. the quantity of aggregate goods and services supplied rises, as shown by a shift of the short-run aggregate supply curve to the right.
Answers: 2
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