If the Price Level Falls and the Money Wage Rate

question 37

Multiple Choice

If the price level falls and the money wage rate does not change,some firms ________ and there is ________.

• A)shut down;a leftward shift of the aggregate supply curve
• B)start up;a rightward shift of the aggregate supply curve
• C)shut down;a decrease in the quantity of real GDP supplied
• D)shut down;a decrease in potential GDP
• E)start up;an increase in potential GDP

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