If There Are Sticky Wages,and the Price Level Is Greater

question 44

Multiple Choice

If there are sticky wages,and the price level is greater than what was expected,then

• A)the quantity 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 quantity 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 quantity of aggregate goods and services supplied rises,as shown by a movement to the right along the short-run aggregate supply curve.

---

Definitions:

Research

The systematic investigation into and study of materials and sources in order to establish facts and reach new conclusions.

Industry

A sector of the economy that involves the manufacturing and production of goods or services.

Advertised Job Opening

A vacancy that is publicly shared through various media channels to attract potential candidates.

Application Letter

A document submitted to an employer that expresses a candidate's interest in and qualifications for a job opening.