-The Data in the Above Table Show That When the Price

question 389

Multiple Choice

-The data in the above table show that when the price level is 120, if aggregate demand does not change then the

• A) money wage rate will rise in the future.
• B) money wage rate will fall in the future.
• C) short-run aggregate supply curve will shift leftward.
• D) long-run aggregate supply curve will shift leftward.

---

Definitions:

Reservations

In the context of American history, these are tracts of land managed by a Native American tribe under the U.S. Bureau of Indian Affairs, where the federal government recognizes the tribe's sovereignty to a degree.

Antifederalists

Opponents of the ratification of the U.S. Constitution, who advocated for a decentralized governmental structure to grant more power to state governments.

Constitutional Convention

A constitutional convention is a formal gathering of delegates for the purpose of drafting or amending a constitution.

National Government

The organization through which political authority is exercised at the national level, responsible for creating and enforcing laws, and managing the affairs of a nation.