Question

If the price level falls and the money wage rate does not​ change, some firms​ ________ and there is​ ________.

Answer 1

1. shut down;

2. a decrease in the quantity of real GDP supplied

Step-by-step explanation:

The price level is finance or business term that describes the general price of the cost of commodities; this includes products and services in an economy at a given period.

Hence, in a situation whereby the price level falls and the money wage rate does not​ change, some firms​ have to SHUT DOWN and which in turn will lead to "a decrease in the quantity of real Gross Domestic Product supplied."