allynalbers3695 allynalbers3695

07-05-2024
Business

Answered

Suppose that there has been a negative demand shock (Aggregate Demand decreased). As the economy moves to the long-run, which of the following is true?
O Wages will eventually increase and SRAS (Short-Run Aggregate Supply) will shift left
O Wages will eventually increase and SRAS (Short-Run Aggregate Supply) will shift right
O Wages will eventually decrease and SRAS (Short-Run Aggregate Supply) will shift left
O Wages will eventually decrease and SRAS (Short-Run Aggregate Supply) will shift right

Answer :

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