Suppose the price level falls but because of fixed nominal wage contr – McqOptions

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1.	Suppose the price level falls but because of fixed nominal wage contracts the real wage rises and firms cut back on production This is a demonstration of the ?
A.	sticky-wage theory of the short-run aggregate supply curve
B.	classical dichotomy theory of the short-run aggregate supply curve
C.	misperceptions theory of the short-run aggregate supply curve
D.	sticky-price theory of the short run aggregate supply curve
Answer» B. classical dichotomy theory of the short-run aggregate supply curve

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