A perfectly competitive firm is a price taker, but a monopoly is a price maker

An increase in the money wage rate leads to

A) a rightward shift of the aggregate supply curve. B) a downward movement along the aggregate supply curve. C) an upward movement along the aggregate supply curve. D) a leftward shift of the aggregate demand curve. E) a leftward shift of the aggregate supply curve.

The outside lags related to monetary policy tend to be quite long

Indicate whether the statement is true or false