Which of the following shifts both the LAS and SAS curves?
A. a change in the price level
B. a change in the money wage rate
C. a simultaneous change in both the price level and the money wage rate
D. an advance in technology
Answer:D
Which of the following shifts both the LAS and SAS curves?
A. a change in the price level B. a change in the money wage rate C. a simultaneous change in both the price level and the money wage rate D. an advance in technology