If the money wage rate rises, then the

A) SAS curve shifts rightward.
B) SAS curve shifts leftward.
C) LAS curve shifts rightward.
D) LAS curve shifts leftward.

B

Economics

You might also like to view...

In 2015, the total income of all U.S. residents was approximately $16 billion

a. True b. False Indicate whether the statement is true or false

Economics

The demand for steel has decreased in July without any change in supply. Six months later there still has been no change in steel prices. This is an example of a

A. macroeconomic price. B. price control. C. sticky price. D. price floor.

Economics