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An Increase in the Money Wage Rate Will Cause the Aggregate

Question 118

Multiple Choice

An increase in the money wage rate will cause the aggregate supply curve to shift


A) outward, which means the quantity supplied at any price level decreases.
B) outward, which means the quantity supplied at any price level increases.
C) inward, which means the quantity supplied at any price level increases.
D) inward, which means the quantity supplied at any price level decreases.

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