An increase in the money wage rate
A) increases the long-run aggregate supply.
B) decreases the long-run aggregate supply.
C) increases the short-run aggregate supply.
D) decreases the short-run aggregate supply.
D
Economics
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Total reserves of private banks are
A) federal reserve notes. B) all customer deposits. C) deposits held at the Fed and vault cash. D) the minimum amount banks need to hold against time deposits.
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In the figure above, when the quantity of milk produced is 600 gallons per day, what is the deadweight loss?
A) $250 B) $125 C) $500 D) $50
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