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.
Correct Answer:

Verified
Correct Answer:
Verified
Q30: The long-run aggregate supply curve is<br>A)vertical.<br>B)negatively sloped.<br>C)positively
Q31: Which one of the following newspaper quotations
Q32: The Canadian price level rises. What is
Q33: Use the figure below to answer the
Q34: We observe an increase in the price
Q36: We observe a decrease in the price
Q37: Use the figure below to answer the
Q38: The long-run aggregate supply curve is vertical
Q39: Use the table below to answer the
Q40: Use the figure below to answer the