Multiple Choice
A rise in wage rates
A) causes the AD curve to shift leftward.
B) causes the short-run aggregate supply (SRAS) curve to shift rightward.
C) does not affect the present position of the SRAS curve.
D) causes the AD curve to shift rightward.
E) causes the SRAS curve to shift leftward.
Correct Answer:
Verified
Correct Answer:
Verified
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