For a given aggregate supply curve, price level and output will ...

[jjjetplane]

For a given aggregate supply curve, price level and output will both increase when aggregate demand decreases.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The firm's demand for labor curve is exactly the same as the:
 a. wage rate.
  b. price of the output.
  c. MRP curve.
  d. MP curve.
  e. labor supply curve.

[Ahernandez18]

Answer to Question 1

False

Answer to Question 2

c

[jjjetplane]

Excellent

[shailee]

Thanks for the timely response, appreciate it