If the money wage rate increases, the short-run aggregate supply curve shifts rightward
Indicate whether the statement is true or false
FALSE
Economics
You might also like to view...
In the economic way of thinking, all ignorance is ultimately
A) rational ignorance. B) irrational. C) inefficient. D) unjust. E) selfish.
Economics
The profit-maximizing employment level for a monopsonist occurs where
a. wage = MLC b. wage = MRP c. price = wage d. wage = TLC e. MRP = MLC
Economics