Multiple Choice
Figure 24-2
-Refer to Figure 24-2. Ceteris paribus, a decrease in the size of the labor force would be represented by a movement from
A) SRAS1 to SRAS2.
B) SRAS2 to SRAS1.
C) point A to point B.
D) point B to point A.
Correct Answer:
Verified
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A)firms often cut nominal