Which of the following shifts both the LAS and SAS curves?
A) a change in the money wage rate
B) a simultaneous change in both the price level and the money wage rate
C) an advance in technology
D) a change in the price level
Correct Answer:
Verified
Q73: Technological progress will
A) shift the SAS curve
Q74: The short-run aggregate supply curve shifts because
Q75: The land of Ur increases its capital
Q76: With an increase in the capital stock,
Q77: Q79: Q80: A technological advance the long -run aggregate Q81: A change in the money wage rate Q112: Q117: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents