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Munze Munze
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6 years ago
For this question, assume that expectations of P and A are correct. Now suppose that there is a 4% increase in A. Given this information, which of the following will occur?
A) the PS relation will shift up by 4%.
B) the WS relation will shift up by less than 4%.
C) the WS relation will shift down by 4%.
D) the PS relation will shift down by 4%.
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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Macroeconomics, 6/E (Blanchard, Johnson)
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vonCOLLINZOvonCOLLINZO
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6 years ago
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Munze Author
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#2
5 years ago
Thanks so much Smiling Face with Open Mouth Slight Smile
Macroeconomics, 6/E (Blanchard, Johnson)
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