A fall in demand for a commodity in a perfectly competitive market will shift the long-run supply curve to the right

In the above figure, what is the full-employment real wage rate and quantity of hours per year?

A) $40 and 60 billion hours per year B) $50 and 100 billion hours per year C) $35 and 100 billion hours per year D) $50 and 40 billion hours per year

Money that has value because the government has declared it legal tender to pay debts:

a. currency b. commodity money c. representative money d. fiat money