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-Refer to Figure 13

Question 68

Multiple Choice

  -Refer to Figure 13.7. If wage rate increases and price increases were very flexible the deviation of output from potential output would _____________________ to restore output to _________ output. A)  quickly shift rates of wage and price increases, potential B)  adjust interest rates, equilibrium C)  call for government expenditure, full employment D)  call for exports, potential
-Refer to Figure 13.7. If wage rate increases and price increases were very flexible the deviation of output from potential output would _____________________ to restore output to _________ output.


A) quickly shift rates of wage and price increases, potential
B) adjust interest rates, equilibrium
C) call for government expenditure, full employment
D) call for exports, potential

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