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A) Real Output Will Rise Above Qf.Q _ { f }.

Question 36

Multiple Choice

   A)  real output will rise above  Q _ { f }.  B)  the price level will rise from  P _ { 1 } \text { to } P _ { 2 }  C)  it is possible that aggregate supply will shift rightward from A  \mathrm { AS } _ { 2 }  because nominal wage Demands will rise. D)  the price level will rise from  P _ { 2 } \text { to } P _ { 3 }


A) real output will rise above Qf.Q _ { f }.
B) the price level will rise from P1 to P2P _ { 1 } \text { to } P _ { 2 }
C) it is possible that aggregate supply will shift rightward from A AS2\mathrm { AS } _ { 2 } because nominal wage
Demands will rise.
D) the price level will rise from P2 to P3P _ { 2 } \text { to } P _ { 3 }

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