An increase in the money wage rate shifts the short-run aggregate supply curve ________; an increase in technology shifts the long-run aggregate supply curve ________

Monopolistically competitive firms produce differentiated products

Indicate whether the statement is true or false

The city of Burlington is a very popular town for tourists to visit in the summer. We would expect the:

A. prices of all normal goods to decrease each summer. B. demand for normal goods to decrease each summer. C. demand for normal goods to increase each summer. D. demand curve for normal goods to shift to the left.