Suppose the Price Level Rises and the Money Wage Remains

question 311

Multiple Choice

Suppose the price level rises and the money wage remains constant. This set of changes leads to

• A) a leftward shift of the SAS curve.
• B) an upward movement along the LAS curve.
• C) an upward movement along the SAS curve.
• D) a leftward shift of the SAS curve and the LAS curve.

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Definitions:

Supertaster

An individual with a heightened sensitivity to the tastes of foods, especially bitter and sweet, due to a higher density of taste buds.

Sweet and Bitter Tastes

Basic taste sensations that enable organisms to evaluate the nutritional value of foods, with sweet generally indicating energy-rich sources and bitter indicating potentially harmful substances.

Head Cold

An informal term for a common cold that primarily affects the nose and throat.

Taste Buds

Small sensory organs found on the tongue, capable of detecting the five elements of taste perception: sweetness, bitterness, sourness, saltiness, and umami.