consider aggregate supply and then choose the statement that is correct This Que

Question

consider aggregate supply and then choose the statement that is correct This Question: 1 pt r aggregate supply and then choose the statement that is correct curve shows the relationsahip betiween the quaried and polenti P when ll ther if tences on production plans remain the same O B. Along the AS curve, a change in the price level O C. Along the AS curve, a rise in the price level brings a decrease O D. The quantity brings an equal percentage change in the money wage rate in the quantity of real GDP supplied of real GDP supplied equals potential GDP at the price level at which the real wage rate is at its full employment equilibrium level Type here to search

Explanation / Answer

Answer :- Option D). The quantity of real GDP supplied equals potential GDP at the price level at which the real wage rate is at its full employment equilibrium.

Explanation :- The statement mentioned in option (D) to the given question is very correct because the quantity of real GDP supplied equals to potential GDP at a price level where the real wage rate is at its full employment equilibrium in an economy.

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