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Loraine Loraine
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Posts: 4563
8 years ago
If the price level falls and the money wage rate does not change, some firms ________ and there is ________.
A) shut down; a leftward shift of the aggregate supply curve
B) start up; a rightward shift of the aggregate supply curve
C) shut down; a decrease in the quantity of real GDP supplied
D) shut down; a decrease in potential GDP
E) start up; an increase in potential GDP
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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8 years ago
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Loraine Author
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Brilliant
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Just got PERFECT on my quiz
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