If the Money Wage and Other Resource Prices Do Not

question 42

Multiple Choice

If the money wage and other resource prices do not change when the price level rises by 10 per cent, ________.

• A)the long- run aggregate supply curve shifts rightward
• B)the short- run aggregate supply curve shifts leftward
• C)the long- run aggregate supply curve shifts leftward
• D)there is a movement along the short- run aggregate supply curve

---

Definitions:

Mass Media

Forms of communication that reach large audiences simultaneously, such as television, newspapers, and the internet.

Interpretive approach

A research perspective that seeks to understand social realities through the meanings individuals attach to their experiences and interactions.

Studying media

The academic field focused on analyzing, critiquing, and understanding various forms of media, including their content, history, and impact on society.

Historical development

The process of change and growth over time within societies, institutions, or technologies, highlighting the causes and effects of different events or trends.