Which of the following is correct?

Can you please fully explain why the chosen answer is correct AND also why the other options are incorrect.

Suppose that the economy enters a recession. In terms of the wage-setting/price-setting model: Select one: O a. We move along the wage-setting curve, to the left. O b. The wage-setting curve moves up. O C. We move along the wage-setting curve, to the right. O d. The wage-setting curve moves down