f the economy begins at a short-run equilibrium below potential output, then there would be a- downward pressure on wages and prices and the short-run aggregate supply curve will eventually shift down/right b- downward pressure on wages and prices and the short-run aggregate supply curve will eventually shift up/left c- upward pressure on wages and prices and the short-run aggregate supply curve will eventually shift down/right   d- upward pressure on wages and prices and the short-run aggregate supply curve will eventually shift up/left

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter23: Aggregate Demand And Aggregate Supply
Section23.4: The Aggregate-supply Curve
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If the economy begins at a short-run equilibrium below potential output, then there would be


a- downward pressure on wages and prices and the short-run aggregate supply curve will eventually shift down/right

b- downward pressure on wages and prices and the short-run aggregate supply curve will eventually shift up/left

c- upward pressure on wages and prices and the short-run aggregate supply curve will eventually shift down/right
 
d- upward pressure on wages and prices and the short-run aggregate supply curve will eventually shift up/left
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