If the Money Wage Rate Falls,then

question 22

Multiple Choice

If the money wage rate falls,then

• A)the AD curve shifts rightward.
• B)firms hire less labour.
• C)the LAS curve shifts rightward.
• D)the SAS curve shifts rightward.
• E)C and D.

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Definitions:

Airspace

The space above the earth's surface that is available for aircraft to fly through, often regulated by a sovereign entity.

Valid Deed

A legal instrument that transfers ownership of real property from one person to another, which must meet certain requirements such as being in writing, having a clear description of the property, and being properly executed and delivered.

Intent to Convey

The legal determination or declaration of a party's intention to transfer rights, property, or interest from one to another.

Soil

The top layer of the Earth's surface, consisting of rock and mineral particles mixed with organic matter, which supports plant life.