If the money wage rate and the price level both rise by the same proportion, then in the figure above the potential GDP line ________, and the aggregate supply curve ________
A) shifts rightward; does not shift
B) does not shift; shifts rightward
C) shifts rightward; shifts rightward
D) shifts rightward; shifts leftward
E) does not shift; shifts leftward
E
Economics
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What will be an ideal response?
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