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A Decrease in the Money Wage Rate Increases ________ and an Increase

Question 228

Multiple Choice

A decrease in the money wage rate increases ________ and an increase in the full-employment quantity of labor increases ________.


A) both the SAS and the LAS; only the SAS
B) both the SAS and the LAS; only the LAS
C) only the SAS; both the SAS and the LAS
D) only the LAS; both the SAS and the LAS

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