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In the Graph Shown, What Would Shift the WAS Curve

Question 62

Multiple Choice

In the graph shown, what would shift the WAS curve from WAS0 to WAS1? In the graph shown, what would shift the WAS curve from WAS<sub>0</sub> to WAS<sub>1</sub>?   A) The country's exchange rate appreciates. B) Domestic reservation wages fall. C) Input prices fall. D) Government runs contractionary policy.


A) The country's exchange rate appreciates.
B) Domestic reservation wages fall.
C) Input prices fall.
D) Government runs contractionary policy.

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