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A) Lower Nominal Wages and a Shift in the Short-Run AS1 to AS2\mathrm { AS } _ { 1 } \text { to } \mathrm { AS } _ { 2 }

Question 137

Multiple Choice

   A)  lower nominal wages and a shift in the short-run aggregate supply curve from A  \mathrm { AS } _ { 1 } \text { to } \mathrm { AS } _ { 2 }  B)  higher nominal wages and a shift in the short-run aggregate supply curve from A  \mathrm { AS } _ { 1 } \text { to } \mathrm { AS } _ { 2 } \text {. }  C)  lower nominal wages and a movement from equilibrium point  X _ { 1 }  to equilibrium point  x _ { 2 }  D)  higher nominal wages and a movement from equilibrium point  x _ { 1 }  to equilibrium point  x _ { 2 }


A) lower nominal wages and a shift in the short-run aggregate supply curve from A AS1 to AS2\mathrm { AS } _ { 1 } \text { to } \mathrm { AS } _ { 2 }
B) higher nominal wages and a shift in the short-run aggregate supply curve from A AS1 to AS2\mathrm { AS } _ { 1 } \text { to } \mathrm { AS } _ { 2 } \text {. }
C) lower nominal wages and a movement from equilibrium point X1X _ { 1 } to equilibrium point
x2x _ { 2 }
D) higher nominal wages and a movement from equilibrium point x1x _ { 1 } to equilibrium point
x2x _ { 2 }

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