Moving along the short- run aggregate supply curve, _ .
A) real GDP equals potential GDP
B) the money wage rate, the prices of other resources, and potential GDP remain constant
C) the real wage rate is constant
D) real GDP equals nominal GDP

Question

Quizplus · Accepted Answer

Moving along the short-run aggregate supply curve implies that only the price level changes while other factors such as money wage rate, the prices of other resources, and potential GDP remain constant.

Moving Along the Short- Run Aggregate Supply Curve, _