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11 Dec 2019
If there are sticky wages, and the price level is greater than what was expected, then
A. The number of aggregate goods and services supplied falls, which is shown by a shift of the short-run aggregate supply curve to the left.
B. The number of aggregate goods and services supplied falls, as shown by a movement to the left along the short-run aggregate supply curve.
C. The quantity of aggregate goods and services supplied rises, as shown by a shift of the short-run aggregate supply curve to the right.
D. The number of aggregate goods and services supplied rises, as shown by a movement to the right along the short-run aggregate supply curve.
If there are sticky wages, and the price level is greater than what was expected, then
A. The number of aggregate goods and services supplied falls, which is shown by a shift of the short-run aggregate supply curve to the left.
B. The number of aggregate goods and services supplied falls, as shown by a movement to the left along the short-run aggregate supply curve.
C. The quantity of aggregate goods and services supplied rises, as shown by a shift of the short-run aggregate supply curve to the right.
D. The number of aggregate goods and services supplied rises, as shown by a movement to the right along the short-run aggregate supply curve.
Mahe AlamLv10
25 Mar 2021
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