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question 102

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Use the following to answer questions.
Exhibit: Aggregate Production Function, Labor Market, and LRAS Use the following to answer questions. Exhibit: Aggregate Production Function, Labor Market, and LRAS   -(Exhibit: Aggregate Production Function, Labor Market, and LRAS)  An upward shift of the aggregate production function would lead to A)  a decrease in the real wage and to a decrease in real GDP. B)  an increase in the real wage and to a decrease in real GDP. C)  a decrease in the real wage and to an increase in real GDP. D)  an increase in the real wage and to an increase in real GDP.
-(Exhibit: Aggregate Production Function, Labor Market, and LRAS) An upward shift of the aggregate production function would lead to


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