When actual output is above potential output,over time:
A) nominal wages will increase,and the short-run aggregate supply curve will shift to the right.
B) nominal wages will increase,and the short-run aggregate supply curve will shift to the left.
C) the aggregate demand curve will shift to the right.
D) the short-run aggregate supply curve will shift to the right.
Correct Answer:
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Q169: If the economy is at potential output
Q170: If the economy is at potential output
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Q178: An increase in the money supply causes
Q178: Suppose that the economy is operating at
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Figure: Monetary
Q179: Over time,contractionary monetary policy _ nominal wages
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