If the money wage rate and other resource prices do not change when the price level rises by 10 percent, ________.
A) the long-run aggregate supply curve shifts leftward
B) the short-run aggregate supply curve shifts leftward
C) the long-run aggregate supply curve shifts rightward
D) there is movement along the short-run aggregate supply curve
Question 2
The larger the value of U.S. imports, the greater the quantity of ________ causing the quantity supplied of dollars to ________.
A) U.S. dollars demanded; increase
B) U.S. dollars demanded; decrease
C) foreign currency demanded; increase
D) foreign currency demanded; decrease
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