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AS, b AS, a Real output atistics Canada has recently reported historically high Increases in the CPL As Tiff Mackin, the governor of the Bank of Canada. oted, higher Inflation In Canada will help some Canadians, but it will certainly hurt others. Assume that the nominal wages of canadian workers are initially set on the basis of the price level P2 and that the Canadian economy is Initially operating at its full mployment level of output Of (assume this is before the Covid-19 Pandemic). A decrease in in the price of factors could best be Down as: Multiple Choice O a movement from point s to point b. a movement from point b to point a. O stationary at point b a movement from point b to point c on A52: O whin of the nogregate supply curve from 452 19 451