If Wages Rise Faster Than Increases in Labour Productivity,then Unit

question 59

Multiple Choice

If wages rise faster than increases in labour productivity,then unit labour costs will

• A)fall and the AS curve will shift left.
• B)fall and the AS curve will shift right.
• C)rise and the AS curve will shift left.
• D)rise and the AS curve will shift right.
• E)not change because only total labour costs change.

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Having a great amount of wealth or resources; possessing more than enough material goods or money.

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An organization that provides support and assistance, often in the form of insurance or financial aid, to its members.

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Unskilled labor refers to work that requires no specific training or skills, often involving manual tasks.

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