-In the above figure, the economy is at point A when the money wage rate and the price level both fall by 10 percent. Firms will be willing to supply output equal to
A) $13.0 trillion
B) less than $13.0 trillion
C) more than $13.0 trillion
D) Without more information, it is impossible to determine which of the above answers is correct.

Question

-In the above figure, the economy is at point A when the money wage rate and the price level both fall by 10 percent. Firms will be willing to supply output equal to
A) $13.0 trillion 
B) less than $13.0 trillion 
C) more than $13.0 trillion 
D) Without more information, it is impossible to determine which of the above answers is correct.

Quizplus · Accepted Answer

The Answer of 
-In the above figure, the economy is at point A when the money wage rate and the price level both fall by 10 percent. Firms will be willing to supply output equal to
A) $13.0 trillion 
B) less than $13.0 trillion 
C) more than $13.0 trillion 
D) Without more information, it is impossible to determine which of the above answers is correct.

-In the Above Figure, the Economy Is at Point a When