A simultaneous rise in productivity and nominal wages would shift the short-run aggregate supply curve to the: right if the cost per unit of output rises. left if the rise in nominal wages is larger than the rise in productivity. left if the cost per unit of output falls. right if the rise in nominal wages is larger than the rise in productivity.
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Home » Business » A simultaneous rise in productivity and nominal wages would shift the short-run aggregate supply curve to the: right if the cost per unit of output rises. left if the rise in nominal wages is larger than the rise in productivity.