In the short run, an increase in the price level causes which of the following:
a. A rightward shift in the aggregate demand curve

What are the policy actions taken by the Fed and the U.S. Treasury in response to the financial crisis?

What will be an ideal response?

Which of the following statements is correct? With respect to efficiency wage models,

a. their key element is an explanation of why the efficiency (or productivity) of workers depends on the real wage. b. the rationale underlying those models implies that firms will set the real wage above the market clearing level. c. they explain a real wage rigidity. d. all of the above