Author Question: Which of the following occurs while moving along a short-run aggregate supply curve? A) The money ... (Read 33 times)

burton19126 · **on:** Jun 29, 2018

Which of the following occurs while moving along a short-run aggregate supply curve?

A) The money wage rate and the price level change by the same percentage.
B) The money wage rate changes and the price level is constant.
C) The price level changes and the money wage rate is constant.
D) Neither the price level nor the money wage rate changes.

Question 2

________ increases households' saving.

A) A decrease in the real interest rate
B) A tax cut that increases disposable income
C) Higher expected future income
D) A stock market boom that increases the purchasing power of households' wealth