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vellojo vellojo
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Posts: 2982
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7 years ago
In the short run, if there is an increase in the money wage rate, then
A) aggregate demand decreases and the price level falls.
B) short-run aggregate supply increases and the price level rises.
C) short-run aggregate supply decreases and the price level rises.
D) aggregate demand increases and the price level rises.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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Answer verified by a subject expert
yaderayadera
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Posts: 492
7 years ago
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vellojo Author
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7 years ago
Checks out after I submitted my assignment Smiling Face with Open Mouth
Studying economics @ Edinburgh U
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