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Question 5 10 pts Why did Keynes believe that nominal wages for workers are rigid in the short-term? O Keynes believed that nominal wages will

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Question 5 10 pts Why did Keynes believe that nominal wages for workers are rigid in the short-term? O Keynes believed that nominal wages will always converge to the full- employment level It is subject to negotiations and contracts O Keynes believed that nominal wages depend on the price level Nominal wages for Keynes are completely flexible Question 6 10 pts The aggregate supply schedule tells us that there is a a positive relationship between the price level and the total output that the businesses are producing. O True O False

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