Choose the correct statement about the LAS curve. A. The LAS curve shifts rightward when the money wage rate falls. B. The LAS shifts rightward when the SAS curve shifts rightward and shifts leftward when the SAS curve shifts leftward. C. The LAS curve is vertical because potential GDP is independent of the price level. D. Along the LAS curve the money wage rate is constant and the real wage rate rises as the price level rises.
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Home » Business » Choose the correct statement about the LAS curve. A. The LAS curve shifts rightward when the money wage rate falls. B. The LAS shifts rightward when the SAS curve shifts rightward and shifts leftward when the SAS curve shifts leftward. C.