The upward-sloping range of the short-run aggregate supply curve results from the stickiness of which of the following variables?
A) nominal wage
B) real wage
C) nominal interest rate
D) price level
Correct Answer:
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Q40: The real wage of workers increases when
Q41: If the nominal wage of workers increases
Q42: If the nominal wage of workers decreases
Q43: If the overall price level in the
Q44: If the overall price level in the
Q46: In the upward-sloping range of the short-run
Q47: Which of the following variables is measured
Q48: Which of the following variables is measured
Q49: In the upward-sloping range of the short-run
Q50: When _ wages are sticky, _ in
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