An increase in the money wage rate shifts the SAS curve and an increase in the money prices of raw materials shifts the SAS curve .
A) rightward; leftward
B) leftward; rightward
C) leftward; leftward
D) rightward; rightward
Correct Answer:
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Q80: At the start of a cost- push
Q81: Stagflation occurs when the
A) price level and
Q82: Stagflation is the combination of a _
Q83: Stagflation is the result of
A) an increase
Q84: By itself, an increase in the price
Q86: The SAS curve shifts leftward if
A) the
Q89: By itself, a supply shock such as
Q89: In the short run, if there is
Q90: In the short- run, an increase in
Q175:
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