Which of the Following Occurs While Moving Along a Short-Run

question 222

Multiple Choice

Which of the following occurs while moving along a short-run aggregate supply curve?

• A) The money wage rate and the price level change by the same percentage.
• B) The money wage rate changes and the price level is constant.
• C) The price level changes and the money wage rate is constant.
• D) Neither the price level nor the money wage rate changes.

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