Author Question: Moving along the short-run aggregate supply curve, ________. A) the real wage rate is constant ... (Read 40 times)

P68T · **on:** Jun 29, 2018

Moving along the short-run aggregate supply curve, ________.

A) the real wage rate is constant
B) real GDP equals potential GDP
C) the money wage rate, the prices of other resources, and potential GDP remain constant
D) real GDP equals nominal GDP

Question 2

When a good is imported into the United States, a ________is created.

A) supply of foreign currency with no effect on the market for the dollar
B) demand for dollars with no effect on markets for foreign currencies
C) supply of foreign currencies and a demand for dollars
D) demand for foreign currencies and a supply of dollars