How Does the Aggregate Demand and Aggregate Supply Model Reflect

question 217

Multiple Choice

How does the aggregate demand and aggregate supply model reflect a rise in wage rates?

• A) The short-run aggregate-supply curve shifts to the right.
• B) The short-run aggregate-supply curve shifts to the left.
• C) The aggregate-demand curve shifts to the right.
• D) The aggregate-demand curve shifts to the left.

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