During 2012, a country reports that its price level fell and the money wage rate did not change. These changes led to a(n) ________ because their country experienced a(n) ________
A) decrease in the quantity of real GDP supplied; higher real wage rate and lower profits for firms
B) increase in the quantity of real GDP supplied; higher real wage rate and lower profits for firms
C) decrease in the quantity of real GDP supplied; lower real wage rate and lower profits for firms
D) increase in the quantity of real GDP supplied; lower real wage rate and higher profits for firms
E) decrease in aggregate demand; economic expansion
A
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