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    Exam 12: The Business Cycle, Inflation, and Deflation
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    An Increase in the Money Wage Rate Shifts the SAS
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An Increase in the Money Wage Rate Shifts the SAS

Question 329

Question 329

Multiple Choice

An increase in the money wage rate shifts the SAS curve ________ and an increase in the money prices of raw materials shifts the SAS curve ________.


A) rightward; rightward
B) leftward; leftward
C) rightward; leftward
D) leftward; rightward

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