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Question 11 (0.45 points) LAS 250 SAS 200 O G Fo Price level (GDP deflator 2000 = 100) 150 OH E OK 100 50 8
Question 11 (0.45 points) LAS 250 SAS 200 O G Fo Price level (GDP deflator 2000 = 100) 150 OH E OK 100 50 8 9 10 11 Real GDP (trillions of 2000 dollars) In the above figure, which movement illustrates the impact of the price level and money wage rate falling at the same rate? ( 1) E to H ( 2) E to K ( 3) E to J ( 4) E to G
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