-The Figure Above Shows the U

Multiple Choice

-The figure above shows the U.S.demand for labor curve.If there is a simultaneous increase in the nominal wage rate of 10 percent and a 10 percent increase in the price level,there will be a

A) rightward shift of the demand for labor curve.
B) leftward shift of the demand for labor curve.
C) movement downward along the demand for labor curve from a point such as A to a point such as B.
D) movement upward along the demand for labor curve from a point such as C to a point such as B.
E) None of the above answers is correct because there is no change in the demand for labor curve.