If,other Things Constant,the Actual Real Wage Is Below the Equilibrium

question 1

Multiple Choice

If,other things constant,the actual real wage is below the equilibrium real wage,the short-run aggregate supply curve in the next period would

• A)be unaffected and the price level would remain constant.
• B)shift upward and the price level would increase.
• C)shift downward and the price level would fall.
• D)be vertical and the price level would increase.

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