The Aggregate Supply Curve Slopes --------------------because A-------------------- in the Price
The aggregate supply curve slopes --------------------because a-------------------- in the price level brings a --------------------In the real wage rate.
A) downward; rise; rise
B) upward; fall; fall
C) downward; fall; rise
D) upward; rise; fall
E) upward; rise; rise
Correct Answer:
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Q39: Q40: When potential GDP increases, Q41: During the late 1960s, U.S. defense spending Q42: Q43: If real GDP is less than potential Q45: The slope of the aggregate supply curve Q46: As the money wage rate increases, Q47: When the macroeconomic equilibrium is such that Q48: When investment increases, the --------------------in aggregate demand Q49: The money wage rate is constant when
A)there is neither a
A)potential GDP
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