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An Increase in the Money Wage Rate Shifts

Question 35

Multiple Choice

An increase in the money wage rate shifts


A) both the SAS curve and the LAS curve rightward.
B) both the SAS curve and the LAS curve leftward.
C) the SAS curve leftward, but leaves the LAS curve unchanged.
D) the LAS curve rightward, but leaves the SAS curve unchanged.
E) the SAS curve rightward, but leaves the LAS curve unchanged.

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