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TYP: SA Exhibit 14A-3 Macro AD-AS Model

question 30

Multiple Choice

TYP: SA
Exhibit 14A-3 Macro AD-AS Model
TYP: SA Exhibit 14A-3 Macro AD-AS Model    -In Exhibit 14A-3,the self-correction argument is that in the long run competition: A)  from unemployed workers causes an increase in nominal wages and a leftward shift in SRAS. B)  from unemployment workers causes a rightward shift in LRAS. C)  among firms for workers increases nominal wages and this causes a leftward shift in SRAS. D)  among consumers causes an increase in the CPI and a rightward shift in SRAS.
-In Exhibit 14A-3,the self-correction argument is that in the long run competition:

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