Figure 8-5
-In the figure above, from initial point A in the top diagram AD0 shifts to AD1, while at the same time the nominal wage rises by 5 percent. Short-run equilibrium occurs at point
A) G.
B) B.
C) C.
D) D.
E) F.

Question

Figure 8-5 
-In the figure above, from initial point A in the top diagram AD0 shifts to AD1, while at the same time the nominal wage rises by 5 percent. Short-run equilibrium occurs at point
A) G. 
B) B. 
C) C. 
D) D. 
E) F.

Quizplus · Accepted Answer

The Answer of Figure 8-5 
-In the figure above, from initial point A in the top diagram AD0 shifts to AD1, while at the same time the nominal wage rises by 5 percent. Short-run equilibrium occurs at point
A) G. 
B) B. 
C) C. 
D) D. 
E) F.

Figure 8-5 -In the Figure Above, from Initial Point a in the a in the Top