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KingCoobie KingCoobie
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5 years ago
Which of the following statements regarding aggregate supply are CORRECT?
A) Moving along the long-run aggregate supply curve, both the price level and the money wage rate change by the same percentage.
B) Moving along the short-run aggregate supply curve, both the price level and the money wage rate change by the same percentage.
C) Moving along the long-run aggregate supply curve, the money wage rate changes but the price level is constant.
D) Moving along the short-run aggregate supply curve, the money wage rate changes but the price level is constant.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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DanivaldaDanivalda
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Posts: 144
5 years ago
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KingCoobie Author
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5 years ago
You make an excellent tutor!
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Yesterday
Good timing, thanks!
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2 hours ago
Thanks for your help!!
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