Multiple Choice
If efficiency wages became more common,
A) both the long-run Phillips curve and the long-run aggregate supply curve would shift right.
B) both the long-run Phillips curve and the long-run aggregate supply curve would shift left.
C) the long-run Phillips curve would shift right,and the long-run aggregate supply curve would shift left.
D) the long-run Phillips curve would shift left,and the long-run aggregate supply curve would shift right.
Correct Answer:
Verified
Correct Answer:
Verified
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